533 W Main St - Retail FOR SALE


Princeville, IL 61559
$114,900 USD
309-323-0399
533 W Main St, Princeville, IL for Sale
$114,900 USD
Retail - FOR SALE
1/19
null | Request Cap Rate

533 W Main St
Princeville, IL 61559


HIGHLIGHTS

  • Currently Divided into Three Units
  • Located in TIF District

OVERVIEW

This brick commercial building provides great opportunities for a business owner or investor in Princeville, IL. It would be an ideal location for a clinic or medical use. The building is currently divided into three units - an office suite on the east end of the building (1,100 SF), a retail suite on the west end of the building (835 SF), and a salon unit in the middle suite (1,300 SF). There is a shared foyer for the middle and east units of approximately 120 SF. Utilities include three furnaces and air conditioners, 2 Ameren electric meters (office, salon/retail together), 3 Ameren gas meters, and one water meter/one sewer meter. Property is located in the Princeville TIF I (see https://princeville.org/tax-increment-financing/ for more information).

FOR SALE DETAILS

PRICE

$114,900 USD

PRICE/SF

$34 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

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C-1

APN/PARCEL ID

02-24-201-003

ASK ABOUT THIS PROPERTY

Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

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Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

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