1405-1419 Washington Rd - Storefront FOR SALE


Washington, IL 61571
$355,000 USD
309-323-0399
1405-1419 Washington Rd, Washington, IL for Sale
$355,000 USD
Storefront - FOR SALE
1/24
null | 12% Cap Rate

1405-1419 Washington Rd
Washington, IL 61571


OVERVIEW

Highly visible, 5-unit shopping center located on Washington Road (BUS24). Opportunities for the new owner to occupy the one vacant, main level unit, or to have additional rents. Over 10% CAP rate with filling the vacant unit. The building has been recently remodeled, all new furnces/HVAC, updated water heaters, with new roof tear off (2020), and exterior and interior remodels. NDA for financials, no "For Sale" sign currently on the property.

FOR SALE DETAILS

PRICE

$355,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hillcrest Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

CROSS STREETS

Legion Rd

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

C-2

APN/PARCEL ID

02-02-22-204-041

ASK ABOUT THIS PROPERTY

Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

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Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

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