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: $89,900
Unit Price: $17.98 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2019

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

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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

Contact

Photograph of Listing Agent

Rebecca Hazzard

RE/MAX of Rock Valley
ICEx Member
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