101 W SOUTH STREET

Retail-Commercial for Sale
Catylist Listing ID: 30298833
Property Subtypes: Mixed Use, Restaurant
Building Size (RSF): 2,700 SF
Gross Building Area: See Agent
Gross Land Area: 6,146 SF
Sale Price: $145,000
Unit Price: $53.70 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2018

Overview / Comments

CAFE OFFERING BREAKFAST/LUNCH/DINNER WITH SEPARATE ICE CREAM SHOP. CURRENT RENTS $2,010/MONTHLY PLUS 2ND STORY APARTMENT $570/MONTHLY. PROVIDES GOOD CASH FLOW (+/-10% CAP RATE). NEAR SCHOOLS - GREAT REPUTATION - LIMITED COMPETITION. ALL FURNITURE/FIXTURES/EQUIPMENT INCLUDED IN OFFERING.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $3,729 (Annual)
Assessed Value - Total($) $33,943 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 05-10-385-006
Zoning: CB
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: BLACKTOP
Zoning Description: COMMERICAL BUSINESS
Lot Frontage: 40
Lot Depth: 156
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,524 4,314 4,314
Median Age: 40.18 46.25 46.25
Households: 578 1,679 1,679

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