412 Paul St - Retail FOR SALE


Gorham, IL 62940
$80,000 USD
986-600-7128
412 Paul St, Gorham, IL for Sale
$80,000 USD
Retail - FOR SALE
1/9
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412 Paul St
Gorham, IL 62940


OVERVIEW

This is a commercial building property situated in Gorham, Illinois. The Southern part of Illinois. It is two stories; it was an old retail space or store. The positive aspects of this are that it’s made of brick a good material & it has been standing for many years & should be for many more. I haven’t been there to have it inspected so; it’s sold AS IS. However, I can tell the front facade needs restored. It’s sold at a discount for this reason, since I do not know what structural; electrical issues it has etc..Clearly windows need re-done. Let me know if you have any questions. Accepting offers to sell this immediately. I think it would make an excellent store front or warehouse for a business; or if converted and rezoned; obviously an apartment, or a business where you live on site with approval. Maybe an Art studio. Again, I believe Gorham, Illinois is also close to Rivers; and close to driving distance of the Southern US. Which makes this a very attractive location that has most likely withstood high winds in the past. Because, it’s still standing. Again, I am not an expert in property conditions and have not done anything to this place since purchase; so it’s a blank slate. I expect it requires a lot of work. I wasn’t told about its conditions when I purchased it; it was a sight unseen purchase, so please let me know what kind of offers you have and I will work with you. I have it priced higher than I expected it to sell for so I’m willing to take what I can get.

FOR SALE DETAILS

PRICE

$80,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

13-30-153-014

ASK ABOUT THIS PROPERTY

Katrin HalpernKatrin HalpernMore Info
986-600-7128

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Katrin HalpernKatrin HalpernMore Info
986-600-7128

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