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123 Main St Arcola, IL 61910

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For Sale
$55,000

Downtown Arcola Investment Opportunity

Property size:
1,200 SF

Property Features for 123 Main St

General Information

Property type
Other commercial real estate
Square Feet
1,200 SF

Building Details

Year Built
1890

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Listing Contact
Cathy Means

Listing Agency: Hillard Agency- Tuscola Listing Agent: Cathy Means

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional property at 123 E Main Street, Arcola, IL, presents a unique investment opportunity for savvy entrepreneurs. The 1,200 square foot building offers significant potential for a variety of commercial uses, making it ideal for a business owner seeking a prime location in the heart of Arcola. A key feature is the inclusion of an upper-level apartment, providing an additional income stream through rental opportunities. This apartment adds to the overall return on investment, making this property particularly attractive. The building's location on E Main Street ensures high visibility and accessibility for customers. This property is currently listed at $55,000. Note that the adjacent property at 125 E Main Street is also available and can be purchased as a bundled package for a negotiated price. This presents a rare chance to acquire a larger footprint in a desirable downtown location. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The property sits on a lot with no acreage. This is a fantastic opportunity to establish a thriving business and generate passive income simultaneously. Don't miss out on this chance to own a piece of Arcola's vibrant commercial landscape.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Coyote Bar & Pub

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Arcola
County
Douglas
State
Illinois
Longitude
-88.30701
Latitude
39.68455

FAQs

What type of property is this?
Commercial real estate - Downtown Arcola Investment Opportunity
Where is this commercial real estate located?
The property is located at 123 Main St Arcola, IL.
What is the asking price?
The asking price for this property is $55,000.
More about this property
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