1508 W Jackson St - Retail FOR SALE


Macomb, IL 61455
$350,000 USD
309-255-0646
1508 W Jackson St, Macomb, IL for Sale
$350,000 USD
Retail - FOR SALE
1/2
null | Request Cap Rate

1508 W Jackson St
Macomb, IL 61455


HIGHLIGHTS

  • Corner with easy access to US Highway 136.
  • Back property currently is being leased out with great potential for increase in rent. Income producing building.

OVERVIEW

THIS COMMERCIAL CORNER LOCATION ON HWY 136/336, WEST JACKSON ST CURRENTLY HAS A LARGE RETAIL BUILDING WITH A TOTAL SF OF 5791, ABOUT 3900 SF IS RETAIL SPACE AND THE REMAINING SPACE IS WAREHOUSE SPACE. ANOTHER SMALLER BUILDING ON THE PROPERTY HAS 1008 SF, CURRENTLY VACANT AND WAS ONCE USED AS AN OFFICE. ON THE BACK SIDE OF THE PROPERTY IS A LARGE METAL BUILDING THAT HAS 1984 SQ FOOT, AND HAS THREE OVERHEAD DOORS, SMALL AREA HAS CONCRETE FLOOR, AND YOU WILL ALSO FIND ANOTHER OPEN BUILDING WITH 1900 SQ FEET. THIS PROPERTY HAS A LOT OF USES AND GREAT LOCATION, CURRENTLY THE MAIN BUILDING IS LEASED AT 1200 A MONTH, ON MONTH TO MONTH LEASE.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,310 SF

ZONING

C

APN/PARCEL ID

11-101-099-00

ASK ABOUT THIS PROPERTY

Lorraine EppersonCentury 21 Purdum-EppersonMore Info
309-255-0646

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Lorraine EppersonCentury 21 Purdum-EppersonMore Info
309-255-0646

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