110 N 4th ST Oregon, IL
Retail-Commercial
for Sale
| Catylist Listing ID: |
30472301 |
| Property Subtypes: |
Mixed Use, Street Retail
|
| Building Size (RSF): |
5,000 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$55,000 |
| Unit Price: |
$11 PSF |
| Property Use Type: |
Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/11/2021 |
Overview / Comments
|
OWN A PIECE OF OREGON'S HISTORY! Offered for sale is the "Oregon Theater" which has been Bob's TV for over 30 years. A daily traffic count of over 9,000 vehicles per day, this property is located in a high visibility area. Over 5,000 square feet of open space on the main floor including a reception area, men's/women's bathrooms and a storage area with a loading dock. Upstairs there is additional square footage that could be transformed into more office or retail space. Next door to the theater is an office space occupied by a long term tenant. Off street parking and municipal parking lot conveniently located in the rear building. If you are looking for a over sized building to start you business downtown Oregon- look no further!
|
Financials
| Finance Data Year |
2018 |
| Real Estate Taxes - Annual($) |
$2,992 (Annual) |
Additional Details
| Nearest MSA: |
Rochelle |
| County: |
Ogle |
| Tax ID/APN: |
16-03-159-009 |
| Zoning: |
B2 |
| Retail Clientele: |
General, Family, Business |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
IL RT 64 and IL RT 2 |
| Feet of Frontage: |
44 |
| Traffic/Vehicle Count: |
9,000 |
| Highway Access: |
IL RT 64 and IL RT 2 |
| Airports: |
Rockford Airport |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1900 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Parking Type: |
Other |
| Parking Description: |
Public Parking Lot |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Evaporative Cooler |
| Lot Frontage: |
44 |
| Lot Depth: |
132 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
Per Title |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,519 |
4,119 |
8,191 |
| Median Age: |
42.65 |
43.3 |
45.54 |
| Households: |
1,546 |
1,794 |
3,520 |
|
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