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102-108 E. Main Street, Galesburg, IL 61401 106 E Main St

4,760 SF 100% Leased Retail Building Galesburg, IL 61401 £117,368 (£25/SF) 7.67% Net Initial Yield

Investment Highlights

  • High Visibility and Traffic Area in Central Business District
  • Location is Close to Banking, Court House, Train Station, Restaurants, College, and Retail Shopping
  • Downtown Shopping Area

Attachments

Aerial View

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,760 SF
Building Class
C
Year Built
1986
Price
£117,368
Price Per SF
£25
Net Initial Yield
7.67%
NOI
£8,998
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
0.99
Lot Size
0.11 AC
Zoning
B-3 Commercial - General Business District
Frontage
68 ft on E. Main Street

About 106 E Main St , Galesburg, IL 61401

Three Building Package Offers 4,760 Square Feet of store front and street level retail/office space located on Main Street of the Downtown Business District situated on the corners of E. Main Street and S. Cherry Street. Buildings are occupied by long term tenants with well established businesses. Site is zoned B-3 Commercial Central Business. 102 E. Main St. consists of 1,680 Sq. Ft., 106 and 108 E. Main St. each consist of 1,540 Sq. Ft. New roof installed on all three buildings 2018/19. Buildings can be purchased separately 102 - $75,000, 106 - $50,000, 108 - $50,000. Great investment opportunity and a chance to own part of Historic Downtown Galesburg. Call Today!

Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Old National Bank
Ymca
First Mid Bank
Steak ‘n Shake

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
99-15-226-001
Land Assessment
£1,972
Improvements Assessment
£12,950
Total Assessment
£14,921
  • Listing ID: 12302139

  • Date on Market: 18/04/2018

  • Last Updated:

  • Address: 106 E Main St, Galesburg, IL 61401

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