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    104 Main St Reynolds, IL 61279

    Sponsored
    For Sale
    $195,000

    Established Vehicle Repair Facility, 2,200 sq ft

    Property size:
    2,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property at 104 E Main Street, Reynolds, IL, presents a rare opportunity for business ownership. Spanning 2,200 square feet on a 0.25-acre lot, this property comprises two buildings. The first, constructed in 1970, is a brick structure. The second, built in 2003 by the previous owners, is a combination brick and steel building. Both buildings feature steel roofs. The newer building boasts radiant heat, a significant advantage for year-round comfort and efficiency. The older building is equipped with a natural gas hanging heater. Air conditioning is installed in the office area. This well-maintained property has served as a successful vehicle repair facility, leaving a legacy of reliable service within the Reynolds community. The property's location on E Main Street offers excellent visibility and accessibility, making it an ideal location for a variety of commercial ventures. The established infrastructure and existing building improvements provide a solid foundation for a new owner to seamlessly transition into operations or adapt the space to suit their specific business needs. The sale price is $195,000. This is a turnkey opportunity to acquire a valuable asset in a thriving community.

    Property Features for 104 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,200 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Hair Salon Kitchen & Bath Bar & Pub Plumbing Service Italian Restaurant Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reynolds
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.66828
    Latitude
    41.32983

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Established Vehicle Repair Facility, 2,200 sq ft
    Where is this commercial real estate located?
    The property is located at 104 Main St Reynolds, IL.
    What is the asking price?
    The asking price for this property is $195,000.
    Request Owner's contact information
    104 Main St Reynolds, IL 61279
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    Reynolds, IL 61279
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    104 Main St Reynolds, IL 61279
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