Retail-Commercial for Sale
Catylist Listing ID: 30267719
Property Subtypes: Mixed Use, Other
Building Size (RSF): 3,346 SF
Gross Building Area: See Agent
Gross Land Area: 1.65 Acres
Sale Price: $170,500
Unit Price: $50.96 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/26/2019

Overview / Comments

Please contact the agent for more information about this listing.

Current Tenants

Tenant Business Name Quality Upholstery
Is Renting? Yes
Annual Revenue $6,600 (Annual)
SF of Space Occupied 600 SF
Current Rent $550 PSF (Annual)
Tenant Notes Month to month
Tenant Business Name Residential Tenant
Is Renting? Yes
Annual Revenue $7,800 (Annual)
Current Rent $650 PSF (Annual)
Tenant Notes Month to month lease

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Rockford
Tax ID/APN: 1220178016 & 1220178015
Zoning: C1
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: N Alpine Road
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Fair
Construction/Siding: Other
Exterior Description: Great visibility on one of Rockford's busiest corner lots! Two buildings are occupied by long term tenants. Great location for franchisee or anyone looking for a business with maximum exposure to traffic. Two tenants with month to month leases.
Total Parking Spaces: 8
Parking Type: Structure, Surface
Parking Description: Two 2.5 car garages
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: C1
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Legal Description INC HWYS EXC S 143 FT E 191.7 FT ALL E 241.7 FT S 302.7 FT LYG N OF + ADJ C/L GUILFORD RD PT S E 1/4 NW1/4 SEC: 20 TWP: 044 RANGE: 002 ACRES: 1.05 BEGN AT INSECTN GUILFORD RD + ALPINE RD TH N 143 FT TH W 191.7 FT TH S 143 FT TH E TO P O B PT N W 1/4 SEC: 20 TWP: 044 RANGE: 002 ACRES: 0.60

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,557 108,703 198,732
Median Age: 42.29 39.59 38.06
Households: 4,283 44,683 79,714


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