Broadway Food and Liquor

Retail-Commercial for Sale
Catylist Listing ID: 30631446
Property Subtypes: Convenience Store, Other
Building Size (RSF): 3,000 SF
Gross Building Area: See Agent
Gross Land Area: 14,345 SF
Sale Price: $750,000
Unit Price: $250 PSF
Ceiling: 10 ft.
Property Use Type: Business
Building Name: Broadway Food & Liquor
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/3/2020

Overview / Comments

Broadway Food & Liquor is an Essential food Convenience store. And liquor. All equipment refrigeration, cash register, and all inventory included. Stand alone building with ample parking. Well established business. In operation over 20 years. This is the go to neighborhood store. Turn key business. Very profitable.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $5,509 (Annual)
Gross Operating Income $1,057,488 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Winnebago County
Tax ID/APN: 1230378008
Zoning: C2
Retail Clientele: General
Property Located Between: Broadway, Alpine and 20th st.
Property Visibility: Excellent
Largest Nearby Street: Broadway, Alpine, 20th street.
Feet of Frontage: 100
Traffic/Vehicle Count: 2,000
Site Description: Stand alone building with basement and private parking lot.
Area Description: On Broadway which is a main street. Commercial and residential.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,000 SF
Property Condition: Good
Year Built: 1939
Year Renovated: 1977
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Brick and block.
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: Private parking in front of building. And large side parking lot.
Sprinklers: To Suit
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: Refrigerators, Cooler, Racks, Tile flooring. Convenience Store. Liquor Store.
Zoning Description: Zoned Commercial C2
Lot Frontage: 100
Lot Depth: 143.45
Water Service: Municipal
Sewer Type: Municipal
Legal Description: GORDONS SUB PT SW 1/4 SEC 30-44-2 LOTS 9 + 010 BLOCK 003

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,565 103,694 189,256
Median Age: 34.09 35.76 37.93
Households: 8,297 40,832 75,499

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