1200 Shirland Ave - Freestanding FOR SALE


South Beloit, IL 61080
$650,000 USD
608-295-7814
1200 Shirland Ave, South Beloit, IL for Sale
$650,000 USD
Freestanding - FOR SALE
1/20
null | 5.17% Cap Rate

1200 Shirland Ave
South Beloit, IL 61080


HIGHLIGHTS

  • Busy Frontage Road
  • Near Booming Downtown
  • Long Standing Tenants
  • Possibility to add Laundry Mat
  • Over 16,000 sq ft. of additional vacant space.

OVERVIEW

This commercial retail mall has plenty of income opportunity along with over 16,000 sq ft of vacant space that can be leased out for even more cash flow. Located on busy Shirland Ave, the current businesses drive traffic and revenue. The Stateline area is a growing and opportunities are expanding. Minutes from downtown Beloit, this area holds fantastic investment opportunity.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$16 USD /SF

CAP RATE

5.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shirland Avenue Strip Mall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

Commercial Retail

APN/PARCEL ID

04-06-177-004

ASK ABOUT THIS PROPERTY

Colin SchindlerRe/max IgniteMore Info
608-295-7814

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Colin SchindlerRe/max IgniteMore Info
608-295-7814

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