Agent: Richard Schaefer
Listing ID: QC4249202
Investment
Sale:
$550,000
Listing Courtesy Of NAI Ruhl Commercial Company
Address: 1037 S Oakwood Avenue
City: Geneseo
State: IL
Postal Code: 61254
Acres: 1.61
County: Henry
Property Remarks
2 tenant fully occupied retail strip for sale. 9,524 SF total with 9,224 SF Dollar General Store and 300 SF hair salon. Projected NOI $48,350 and 9% CAP with 2030 lease expiration on Dollar General lease. Located in zone AE, a Regulatory Floodway under a Special Flood Hazard designation. 1.61 acre site zoned B-2 "Business District Highway". Located at the southern gateway to Geneseo.
Features
Property Details
County: Henry
Zoning: B-2
Available SqFt: 9524
Cooling: Central Air
Heating: Forced Air,Gas
Insulation: Party Walls,Roof
Total Building SqFt: 9524
Flooring: Tile/Vinyl
Approximate Lot SqFt: 70,026
Exterior Finish: Steel
Frontage/Access: City Street,Paved 4Lane
Number of Buildings: 1
Roof Construction: Metal
Sewer Source: Public Sewer
Wall Construction: Masonry,Steel/WD Frame
Water Supply: City on Premises
Area/Tract: QCARA Area
Location: Strip Center
Building Description: 1 Story,Multi-Tenant
Confidential Listing New: MLS Listing
Handicap Modified: Unknown
Input Type: CIE
Listing Visibility Type: MLS Listing
Property Use: Street Retail,Strip Center
Underground Storage Tank: No
Annual Taxes: 4724.76
For Lease: No
For Sale: Yes
Owner Pays: Common Area Maint,Insurance,Snow/Lawn
Possible Financing: Cash,Conventional
Sale/Lease Includes: Building,Land
Tax Year: 2022
