121 S Main St - Storefront Retail/Residential FOR SALE


Waterloo, IL 62298
$875,000 USD
618-960-6394
121 S Main St, Waterloo, IL for Sale
$875,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | 7.35% Cap Rate

121 S Main St
Waterloo, IL 62298


HIGHLIGHTS

  • Location
  • Building up to current code
  • Historic Look

OVERVIEW

Exciting opportunity to own a historic mixed used building in booming Downtown Waterloo. Building was fully renovated in 2020 with all new utilities and added fire sprinkler system. Building is fully up to current building code. All units have separately metered utility meters. Ground floor restaurant is fully ADA accessible and compliant. Building is currently 100% leased.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1884

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

WB3

APN/PARCEL ID

07-25-250-026-000

ASK ABOUT THIS PROPERTY

Michael ThomasKB DevelopmentMore Info
618-960-6394

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Michael ThomasKB DevelopmentMore Info
618-960-6394

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