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212 N Capitol Street

Pekin, IL 61554
  • $134,900
  • STATUS: Active Under Contract
  • ON SITE: 69 Days
  • ID#: PA1229158
Under Contract
UPDATED: 65 min ago
$134,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1958
County:
Area:

School Ratings & Info

Description

Wonderful opportunity to own your very own turn-key operating retail business! Currently rents space to 50-55 vendors showcasing an array of unique gifts and crafts - The business generates a potential of $3,895/month in base rent along with additional income earned from the individual vendors' monthly sales - The retail shop only utilizes a small portion of this large building - The back warehouse is currently only used for storage offering potential for expansion and growth - The property is in a great location with good traffic and visibility; plenty of parking; is adjacent to the bike trail; just blocks from downtown Pekin; and is also located in a TIF District - Great opportunity to purchase a business that's already income-generating and fully operational and make it your own!

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© 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2021-12-08T16:45:02.65.
www.viewspringfieldhomes.com/homes/121906260
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212 N Capitol Street Pekin, IL 61554

  • Price: $134,900
  • Status: Active Under Contract
  • On Site: 69 Days
  • Updated: 65 min ago
  • ID#: PA1229158
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Paar Area
County:
Tazewell
Area:
Paar Area
Property Description
Wonderful opportunity to own your very own turn-key operating retail business! Currently rents space to 50-55 vendors showcasing an array of unique gifts and crafts - The business generates a potential of $3,895/month in base rent along with additional income earned from the individual vendors' monthly sales - The retail shop only utilizes a small portion of this large building - The back warehouse is currently only used for storage offering potential for expansion and growth - The property is in a great location with good traffic and visibility; plenty of parking; is adjacent to the bike trail; just blocks from downtown Pekin; and is also located in a TIF District - Great opportunity to purchase a business that's already income-generating and fully operational and make it your own!
Exterior Features

Exterior Finish BlockBrickSteel Frontage Access City Street Lot Dimensions 96 X 253 Roof Construction FlatSloped Wall Construction BlockBrick

Interior Features

Cooling Central Air Flooring ConcreteOther FlooringTile/Vinyl Heating Forced AirGasPartial Insulation RoofSide Walls

Property Features

Annual Taxes 4433.58 Building Description Free Standing For Lease No For Sale Yes Lease Type Other Location Downtown Net Operating Income 0 Number Of Buildings 1 Owner Pays All Ownership Individual Possible Financing CashConventional Property Use Street Retail Sale Lease Includes BuildingBusiness Sale Rent For Sale Sewer Source Public Sewer Sprinkler No Tax Incentive Tif District Tenant Pays Tenant Pays Other Type Commercial/Cie Type1 InvestmentRetailWarehouse Water Supply City On Premises Zoning Commercial

Listing provided courtesy of Mary Davis of Gallery Homes Real Estate.
© 2021 RMLS Alliance, LLC. All Rights Reserved.


© 2021 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Data last updated: 2021-12-08T16:45:02.65.
 
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