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$ 425,000
Est. payment | /mo
$ 425,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12257390
Year Built 1979
Annual Tax Amount $19,471
Tax Year 2023
Lot Dimensions 100X226X105X226
Property Description
Take advantage of seller financing for qualified buyers and secure this exceptional 3,075-square-foot property in a thriving business area of Champaign. Previously functioning as a turnkey restaurant, this property can offer steady rental income and is well-suited for a variety of business ventures. The building is situated on a half-acre lot with a spacious parking lot that accommodates 55+ vehicles, just two blocks west of a newly established Starbucks, ensuring excellent visibility and foot traffic in a highly sought-after location. In addition to its prime location and income-generating potential, the property can benefit from a number of state and local programs designed to support small businesses, making it an even more attractive option for prospective buyers. This property represents a compelling investment opportunity, combining a high-demand location, steady income generation, and future growth potential. Whether you're seeking a turnkey operation or a high-potential asset to start or expand your business, this listing provides the perfect blend of quality and profitability. To be sold AS-IS, don't miss out-schedule your showing today!
Location
State IL
County Champaign
Area Champaign, Savoy
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Wanli Zhang • Trautman Real Estate Agency & Appraisal LLC
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Sarah Leonard
Broker | Owner