130 E Madison St - Loft/Creative Space FOR SALE


Ottawa, IL 61350
$500,000 USD
303-501-8772
130 E Madison St, Ottawa, IL for Sale
$500,000 USD
Loft/Creative Space - FOR SALE
1/1
null | Request Cap Rate

130 E Madison St
Ottawa, IL 61350


OVERVIEW

Nestled just off the beaten path in the heart of downtown Ottawa, this turnkey two-story commercial building is a hidden gem. With 5452 SF in total area, split evenly across two floors, it is perfect for a restaurant, office, or medical/law practice. With an open floor plan throughout, the building can be tailored to your vision and usage. How does a restaurant or office with expansive views of the Fox River sound? Both floors are walk-outs and can be separate units with separate entrances. The property includes ample off-street parking with an entire city lot behind the building. Just a few steps from Ottawa’s courthouse, restaurants, shops, parks, and the River Walk, where the Illinois and Fox River meet. Ottawa has a little something for everyone so claim this unique opportunity today.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

21-11-248014

ASK ABOUT THIS PROPERTY

Jeff HallbergLee & Associates | DenverMore Info
303-501-8772

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Jeff HallbergLee & Associates | DenverMore Info
303-501-8772

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