Available For Sale - Retail

6,100 SF | Show Pricing $

AVAILABILITY DETAILS

Size
6,100 SF
Price/SF
Show Pricing $
Listing ID
SA378146
Notes
Prime commercial corner property successfully run as a neighborhood grocery store for generations. This 6,100 SF free-standing building sits on six full size lots (18,750 SF) with 150 ft King Dr frontage and 125 ft 71st St frontage, existing curb cuts on both. Located in Park Manor area of the Greater Grand Crossing community 9 miles south of the Loop. Easy access to the Edens Expressway and The Skyway. Building includes a massive walk-in cooler and an equally large walk-in freezer. There is a second walk-in cooler in a separated butcher area and a closed off kitchen area for on-site food preparation. The vacant lot adjacent to the building has room for 40 parking spots. Nearby intersection has 25,000+ VPD. Currently vacant but was generating $7,000/mo in rent for years producing a 12%+ Cap Rate. Ideal location for a grocery store, convenience store, dollar store or food franchise with possible drive-through. Zoned B3-1 – Community Shopping District which allows a maximum 22,500 SF building. Perfect location for a possible craft growing or transporter facility. Located in the 67th/Wentworth TIF District. The district is intended to foster new residential, commercial and mixed-use development investment opportunities. The building is available as a portfolio sale with the adjacent building located at 414-424 E 71st.
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
Mikus Kins, Be Commercial
BRE# 475.161490