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425 Cedar St Hoopeston, IL 60942

Sponsored
For Sale
$430,000

Large building, endless possibilities. Established community business.

Property size:
9,975 SF

Description

Added:
Feb 3, 2025
Days on Market:
340
This exceptional Hoopeston, IL property presents a unique investment opportunity. The 9,975 square foot building has served as the beloved "Skaters Paradise" for over 50 years, establishing a strong presence within the community. The property includes a substantial parking lot, easily accommodating the needs of the existing business. Beyond the main building, a two-car garage provides additional storage or workspace. A residential home is also situated on the property, offering versatile options for owner occupancy, rental income, or staff housing. The expansive outdoor space complements the existing building, providing ample room for expansion or outdoor activities. This property is situated on a lot exceeding one acre, offering significant potential for future development or expansion of the existing business. The established clientele and long-standing reputation of "Skaters Paradise" provide a solid foundation for continued success. This is a rare opportunity to acquire a well-established business with significant real estate assets in a thriving community. The property's size and versatility make it suitable for a variety of uses, beyond its current operation. Serious inquiries are encouraged to explore the full potential of this remarkable investment.

Property Features for 425 Cedar St

General Information

Property type
Other commercial real estate
Square Feet
9,975 SF

Property Profile Location Intelligence

Current Use by Public Records

Skater's Paradise Roller Skating Rink

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Hoopeston
County
Other
State
Illinois
Longitude
-87.67599
Latitude
40.45643

FAQs

What type of property is this?
Commercial real estate - Large building, endless possibilities. Established community business.
Where is this commercial real estate located?
The property is located at 425 Cedar St Hoopeston, IL.
What is the asking price?
The asking price for this property is $430,000.
More about this property
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