608 Broadway St - Storefront FOR SALE


Lincoln, IL 62656
$599,900 USD
309-590-7900
608 Broadway St, Lincoln, IL for Sale
$599,900 USD
Storefront - FOR SALE
1/17
null | Request Cap Rate

608 Broadway St
Lincoln, IL 62656


OVERVIEW

Unique mixed-use investment opportunity in the heart of Lincoln, Illinois. This attractive all-brick building, dating back to the early 1900s, offers the historic character and charm that make downtown properties highly desirable.The property features two retail storefronts on the main level, including one occupied by The Copper Penny and one vacant space available for an owner-user or new tenant. The second floor consists of three fully leased residential apartments, with the potential to add a fourth unit. An additional storage space at the rear of the property provides further income potential.Located along historic Route 66, the property benefits from both local and visitor traffic. Zoned C-1, it supports a variety of uses, including retail, restaurant, office, salon, and residential. With a mix of existing income, value-add potential, and a prime downtown location, this property presents an excellent opportunity for investors and owner-occupants alike. Not all contents will be sold with the building.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed Use Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

C-1

APN/PARCEL ID

08-210-076-00

ASK ABOUT THIS PROPERTY

309-590-7900

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309-590-7900

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