Awesome Retail Bulding

Retail-Commercial for Sale
Catylist Listing ID: 30444584
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 14,040 SF
Gross Building Area: 1,404 SF
Sale Price: $249,900
Unit Price: $17.80 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: LeBaron Miller Furniture
Usable Size (USF): 14,040 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/30/2020

Overview / Comments

Awesome all brick multi-unit, dividable building under 418/SF. Solid mechanicals, good roof, historic past. Currently being used as a furniture store that has been in business for over 50 years. This building could easily be divided into 2 buildings again and house 4-5 different businesses. Usable basement and nice mezzanine.
Inventory and business can be available as well on a bill of sale.

Additional Details

Nearest MSA: Freeport
County: Stephenson
Taxing Authority: Stephenson County IL
Tax ID/APN: 18-14-31-255-005
Zoning: B
Retail Clientele: General, Business
Property Located Between: van buren and chicago
Property Visibility: Excellent
Largest Nearby Street: Chicago
Feet of Frontage: 90
Highway Access: Us Business 20
Airports: rockford international freeport municipal
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,000 SF
Property Condition: Good
Year Built: 1900
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: All Brick
Parking Type: Surface
Parking Description: Ample street and municipal lot is only 1 block away
Sprinklers: Other
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Cable, DSL
Interior Description: Very well maintained, dividable building
Zoning Description: Business
Lot Frontage: 80
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,804 26,459 31,243
Median Age: 32.41 41.62 42.58
Households: 3,923 11,357 13,309


Photograph of Listing Agent

Brian Borchardt

A-1 Agency ICEx Member
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