Catylist ID: #30641545
BRICK BUILDING WITH APARTMENTS AND RETAIL
Retail-Commercial for SaleAlso listed as Multi-Family
|Catylist Listing ID:||30641545|
|Property Subtypes:||Convenience Store, Free-Standing Building, Mixed Use, Other|
|Building Size (RSF):||14,652 SF|
|Unit Price:||$30.64 PSF|
|Property Use Type:||Net Leased Investment (NNN), Investment|
|Building Name:||PHENIX BUILDING|
|Sale Terms:||Cash to Seller|
Overview / Comments
Solid 2 story brick building in the heart of downtown consists of 5 Two bedroom and 1 bath All apartments are fully occupied.
Four apartments are 1000 sq. ft each and
one is a Studio.
All apartments has 1) Hardwood Floors 2) Washer
3) Dryer 4) Large Kitchen 5) Lots of cabinet space
Owner pays Water/Sewage/Garbage.
Tenants pay all Utilities.
Five store fronts and each of them are 1350 sq. ft
Four are rented and one vacant which is getting built to be a high-end coffee shop compared to a brand name coffee shop in the market.
To earn additional income there is an opportunity to buy the current tenant (Convenient Store) for an additional $125,000 dollars plus Inventory.
Seller financing possible.
Ask for details.
|Finance Data Year||2019|
|Real Estate Taxes - Annual($)||$8,310 (Annual)|
|Retail Clientele:||General, Business, Tourist, Recreation, Convention, Other|
|Property Located Between:||Located between East State and Jefferson Street|
|Largest Nearby Street:||East State Street|
|Airports:||CHICAGO -ROCKFORD AIRPORT|
|Area Description:||Downtown business district|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Typical SF / Floor:||7,326 SF|
|Exterior Description:||ALL BRICK|
|Total Parking Spaces:||4|
|Heat Type:||Electricity, Natural Gas|
|Interior Description:||This building consists of 5 apartments and 5 store fronts.|
|Easements:||Electric Lines, Water Rights, Utilities|
|Legal Description:||MOST WLY 111.25 FT LOT6 & SLY 1.80 FT WLY 111.81 FT LOT 7 OF WEST ROCKFORD PT LOTS 6 & 7 BLOCK 12|
|Proximity:||1 mile||3 miles||5 miles|
Jason SarwarBerkshire Hathaway HomeServices CROSBY STARCK Real Estate CMCPEX Member
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