808 W Walnut St - Industrial FOR SALE


Fairbury, IL 61739
$850,000 USD
815-692-4586
808 W Walnut St, Fairbury, IL for Sale
$850,000 USD
Industrial - FOR SALE
1/44
null | Request Cap Rate

808 W Walnut St
Fairbury, IL 61739


HIGHLIGHTS

  • 3.73 acres within Fairbury city limits
  • Mostly fenced property
  • Secure location at the end of a dead end street

OVERVIEW

VERY RARE 3.73 acres of commercially zoned industrial property within city limits in Fairbury, IL with city water/city sewer currently being used as a profitable scrap yard collection business. The property is mostly fenced and has a railroad spur on the North side that is not currently being used. This property is available for sale as real estate with the buildings for your choice of business for $600,000 or with the 70 ft truck scale and scrap yard equipment that's currently being used for $850,000. Owner will train buyer (for a pre-determined amount of time) to continue as a scrap collection business. There is a possibility of expansion to the business by the buyer with the offer of additional services for the Fairbury area. The main office building was built in 2011 (50x56) and has a separate reception area, 3/4 bath, storage room and utility area with heated floors in the reception area and A/C. The rest of the main building is a fully insulated and heated shop with 2 large overhead doors, concrete floors, huge storage loft and a storage closet. Building #2 (approximately 80x40) has a separate paint shop with car lift (not guaranteed to work) as there is currently no electricity to that building, but could easily be reinstalled. Building #3 (approximately 35x64) is a tall solid building with a large garage door and painted concrete floor used for can crushing storage and equipment. Building #4 (approximately 40x64) is an older storage building on the West end of the property with a dirt floor and is probably a tear-down or major reconstruction. Building #5 is an open shelter (approximately 56x128) that would be great for parking equipment/trucks under cover. Lots of business potential with this unique property.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$304 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Olson's Iron & Disposal

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.73

LAND SF

162,479

ZONING

Commercial

APN/PARCEL ID

25-25-03-353-052

ASK ABOUT THIS PROPERTY

Jill ThompsonIndian Creek Realty Inc.More Info
815-692-4586

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Jill ThompsonIndian Creek Realty Inc.More Info
815-692-4586

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