26-30 W Stephenson St - Retail FOR SALE


Freeport, IL 61032
$160,000 USD
815-297-1778
26-30 W Stephenson St, Freeport, IL for Sale
$160,000 USD
Retail - FOR SALE
1/24
null | Request Cap Rate

26-30 W Stephenson St
Freeport, IL 61032


HIGHLIGHTS

  • High traffic and Great visibility!

OVERVIEW

Over 2,000 cars go by each day and over 1,000 people downtown daily this is a prime location! Whether you're looking for a small cafe or retail there are options for all. Corner of Stephenson St and Van Buren Ave you won't want to miss this opportunity. 3 store fronts; #30 is approximately 15' wide and 64' deep, with corner exposure and lots of sunlight, 20' serving counter, kitchen is 15' x 30' with 7'x10' walk in cooler and usable basement. #28 is approximately 18' wide and 64' deep with large front window, some built in shelving, two bathrooms and usable basement. #26 is currently a martial arts studio and used to be a department store, 32' wide and 67' deep with great front display windows and usable basement. Ceilings are approximately 14'. All units have seperate entrance and exit. All units have separate utilities, with separate heating and air. New roof installed in 2018. This solid brick and block foundation building was built in 1958. Located in the Downtown TIF District and located within the Enterprise Zone.

FOR SALE DETAILS

PRICE

$160,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,184 SF

ZONING

B1-2

APN/PARCEL ID

18-14-31-209-002

ASK ABOUT THIS PROPERTY

Aubra PalermoRE/MAX Property SourceMore Info
815-297-1778

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Aubra PalermoRE/MAX Property SourceMore Info
815-297-1778

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.