1037 OAKWOOD Geneseo IL 61254

$ 500,000.00
  • Property ID: 429935
  • Date added: 01/05/24
  • OriginalListPrice: 550000
  • Post Updated: 2024-07-04 04:26:43
  • Type:
  • Status:
  • Lot size: 70026 sq ft
  • MLS #: RMAQC4249202

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Description

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 9.7% 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.

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Location Details

  • County: Henry
  • Directions to Property: East I-80 to South Oakwood Avenue
  • Zoning: B-2

Property Details

  • BuildingAreaTotal: 9524
  • Cooling: Central Air
  • Levels: One, Multi-Tenant
  • LEASE INFORMATION: Not Applicable
  • # of Buildings: 1

Property Features

  • MlgCanView: 1
  • HEATING: Forced Air, Gas
  • FRONTAGE/ACCESS: City Street, Paved 4Lane
  • FLOORING: Tile/Vinyl
  • SEWER SOURCE: Public Sewer
  • WATER SUPPLY: City Water/Connected
  • ADDITIONAL AMENITIES: Geneseo

Fees & Taxes

  • Tax Year: 2022
  • TaxAnnualAmount: 4724.76
  • TenantPays: Common Area Maintenance, Cooling, Electricity, Gas, Heat, Internal Maintenance, Janitorial Service, Taxes

Miscellaneous

  • OWNER PAYS: Common Area Maintenance, Insurance, Lawncare
  • PROPERTY USE: Retail, Strip Center, Investment

Courtesy of

  • Office Name: NAI Ruhl Commercial Company

This style property is located in Geneseo is currently and has been listed on Rhoades Real Estate. This property is listed at $ 500,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

  • 130 N. Main Street Canton, IL 61520

  • (309) 647-8811

  • RhoadesRealtors@gmail.com