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: $110,000
Unit Price: $40.74 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/18/2019

Overview / Comments

LOCATED NEAR CENTER OF DURAND ACROSS FROM THE HIGH SCHOOL. WELL MAINTAINED BUILDING WITH RENTED SECOND STORY APARTMENT, $570 MONTHLY; MAIN LEVEL PREVIOUSLY HOUSED ICE CREAM SHOP AND RESTURANT; MAJOR EQUIPMENT REMAINS (HOOD / ANSEL SYSTEM / COOLERS). COULD BE USED FOR SALON, RETAIL STORE OR REOPENED AS RESTURANT. GREAT OPPORTUNITY AT BELOW MARKET PRICE.

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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