414 5th St - Retail FOR SALE


Illiopolis, IL 62539
$119,000 USD
217-971-2258
414 5th St, Illiopolis, IL for Sale
$119,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

414 5th St
Illiopolis, IL 62539


HIGHLIGHTS

  • Historic two-story commercial building with multiple entrances
  • Located within Illiopolis' downtown commercial area
  • Convenient access to Springfield, Decatur, and Interstate 72
  • Accessible to both Springfield and Decatur employment markets

OVERVIEW

Former boutique wedding and prom dress store. Significant inventory available if the buyer would like to include in the purchase. Building could be used for retail again or for office (such as law firm), or could be further renovated and used for residential and/or live/work space. If Buyer so desired, the substantial inventory can be included in the purchase. Sale includes vacant lot adjacent to the north.

FOR SALE DETAILS

PRICE

$119,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Historic Peden Building

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,956 SF

ZONING

Commercial

APN/PARCEL ID

18-07.0-256-009,18-07.0-256-045

ASK ABOUT THIS PROPERTY

Kirk JefferisCity Scape Real EstateMore Info
217-971-2258

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Kirk JefferisCity Scape Real EstateMore Info
217-971-2258

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