Free-Standing Office/Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 30539556
Property Subtypes: Street Retail
Building Size (RSF): 1,326 SF
Gross Land Area: 0.23 Acres
Sale Price: $68,900
Unit Price: $51.96 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/30/2020

Overview / Comments

Free-standing commercial building fronting E Riverside Blvd. Ideal for office and/or retail. Formerly Pegasus Music. Mostly open main level with restroom. Basement consists of small lesson rooms that can easily be removed. Roof 4 years young. Curb cut directly on E Riverside, plus rear alley access. 19,500 vehicles per day! Parking in the rear.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $2,550 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1101427035
Zoning: CR
Property Located Between: East Drive & North Second
Feet of Frontage: 64
Traffic/Vehicle Count: 19,500
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,326 SF
Year Built: 1940
Roof Type: Gable
Construction/Siding: Aluminum Siding
Total Parking Spaces: 6
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 64
Lot Depth: 157
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,689 89,620 186,051
Median Age: 39.41 40.04 38.31
Households: 4,378 36,634 73,774

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