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$1,350,000
Est. payment /mo
10,790 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 10,790 sqft
Price per Sqft $125
MLS Listing ID 12483168
Year Built 1954
Annual Tax Amount $2,025
Tax Year 2024
Lot Dimensions 170x250x197x50x27x200
Property Sub-Type Retail/Stores
Property Description
Investment Property Overview: This 10,790 SF commercial property sits on a 1-acre parcel and is currently occupied by a tenant operating a daycare facility. The building was fully renovated in 2018 for this specialized use and is under lease through June 2030, with an additional 5-year renewal option available. Zoned CI - General Commercial, the property enjoys excellent accessibility, strong area demographics, and long-term viability for a range of commercial uses in the future. Investment Highlights: Stable Long-Term Income - Fully leased through June 2030 with a NNN lease and minimal landlord responsibilities. Purpose-Built Daycare Facility - Fully renovated in 2018 with modern systems and finishes. Ample Parking - 60 striped parking spaces on-site. Durable Construction - Concrete slab foundation, brick exterior, and sprinkler system throughout. Strong Infrastructure - 600-amp electrical service, central AC, natural gas forced air heating. Functional Layout - Multiple restrooms, washer/dryer in utility room Contact Guth & Associates for more information and to schedule a showing.
Location
State IL
County Peoria
Area Peoria
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
Structure Type Brick
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Listed by Jill Guth of GUTH & ASSOCIATES,LLC
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