Prime Location for Commercial Redevelopment

Retail-Commercial for Sale
Sale Pending
Also listed as Office, Vacant Land
Catylist Listing ID: 30496441
Property Subtypes: Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Retail-Pad, Street Retail, Other
Status: Pending
Building Size (RSF): 19,267 SF
Gross Building Area: 20,000 SF
Sale Price: $1,590,000
Unit Price: $82.52 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 19,267 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2021

Overview / Comments

+19,267 SF building plus 3,200 SF storage building on 5.32 acres
+Free-standing, one-story building
+One loading dock
+One drive-in door
+22' clear height
+400 Amps power
+Neighbors include Costco, Natural Choice Corporation, IMA Automation,
Meridian, Javon Bea Hospital and Sportscore
+Well-maintained facility
+Strong labor market
+Rapidly growing and flourishing retail market
+Flexible zoning options
+Excellent access from East Riverside Blvd. and I-39/I-90 four-way interchange
+Lease rates: NNN

Industrial / Warehouse: Approximately 12,000 SF
Office: Approximately 7,267 SF
Separate Cold Storage:Building :Approximately 3,200 SF

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1201176018
Retail Clientele: General, Business, Other
Property Located Between: East Riverside Blvd. and Paladin Parkway
Property Visibility: Excellent
Largest Nearby Street: East Riverside Blvd.
Highway Access: Excellent access from East Riverside Blvd. and I-39/I-90 four-way interchange
Site Description: +19,267 SF free-standing building on 5.32 acres +Approximately 7,2000 SF of office and 12,000 SF of industrial / warehouse +Additional 3,200 SF storage building with DID Expansion capability on additional acreage
Area Description: Growing commercial corridor across from new Mercy Hospital campus and near Sportscore II and new Costco,
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Zoning Description: Both industrial and commercial uses accepted

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,426 26,944 105,862
Median Age: 34.18 43.5 41.28
Households: 675 10,942 41,406


Photograph of Listing Agent

Karen Walsh

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