Available For Sale - Retail

7,632 SF | Show Pricing $

LISTED BY

Aleksandr Grigorian

AVAILABILITY DETAILS

Size
7,632 SF
Price/SF
Show Pricing $
Listing ID
SA523134
Notes
Former restaurant property in Sandoval, IL. Just an hour from St. Lous Metropolitan. This is an interesting commercial opportunity to own retail building at the intersection of two highways. Being located between highways 50 and 51 and front line of Mine Street, it offers good visibility and accessibility. The proximity to Carlyle Reservation and various medium and big cities can also be advantageous for potential businesses.

Considering the county's assessed market value of $142,620, the seller is asking for a lower price due to the building's vacant status and the need for renovations or repairs. As the property is being sold "As-is" and the seller has not conducted any inspections, it's important for potential buyers to thoroughly assess the condition of the property and factor in the additional costs of any necessary work.

With its substantial 7,632 square feet of space and a lot size of 13000 square feet, this commercial property offers multiple possibilities for use, such as a restaurant/pub, medical center, office space, grocery store or even a motel. However, it's important to note that the property is described as an FIXER UPPER, indicating that significant renovations or improvements may be required.

If you're interested in pursuing this opportunity, I recommend conducting a thorough inspection and assessment of the property, considering both the potential benefits and the necessary investments in terms of time, effort, and resources. It could be a promising venture for the right investor or owner.

Owner financing available

Call/Text
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Aleksandr Grigorian