This exceptional commercial property in Salem, IL presents a significant investment opportunity. Located in a high-traffic B3 business-zoned area, the property encompasses 24,000 square feet across five buildings situated on a 2.2-acre lot. The main building, a substantial 12,000 square feet, features two 10'x9' overhead doors, providing excellent access for loading and unloading. This building, along with a warehouse and office space, comprises a significant portion of the total square footage. A new roof installed in 2018 comes with a transferable warranty, offering peace of mind to the new owner. The property also includes four additional outbuildings. Outbuilding 1 offers 1,344 square feet. Outbuilding 2 boasts 4,416 square feet, a 9'6"x11'6" overhead door, and a 1,248 square foot lean-to. Outbuilding 3, at 5,280 square feet, includes a 9'6"x9' overhead door and water access. Finally, Outbuilding 4, measuring 1,248 square feet, features a 9'6"x10' overhead door and requires access through Outbuilding 3. Six self-storage units are also included on the property. The property's layout includes a large gravel road providing access to the rear buildings and ample parking. The previous tenant operated a home center, demonstrating the property's suitability for a variety of commercial uses. City street access ensures excellent visibility and convenient transportation. This property offers a rare combination of size, location, and features, making it an ideal investment for a discerning buyer. The asking price is $485,000.
\"" Salem Cycles\"" and \""Ritter Farms\"". The Commercial location includes three separate spaces for three individual businesses or could be combined into one large location on the main level. The main floor Has a newer HVAC unit. The upstairs has four separate rental units one is currently rented for $550 a month the other three units need some TLC to get them in rentable condition. Some plumbing and electrical work has been done. With some vision and some sweat equity this building could be a great investment opportunity! NOTE: Call the City of Salem to discuss availability of Tiff funds and other possible grants available. Call today for your private showing!""""}"""
Commercial real estate - 24,000 sq ft, 2.2 acres, high traffic area
Where is this commercial real estate located?
The property is located at 121 Westgate Ave Salem, IL.
What is the asking price?
The asking price for this property is $485,000.
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121 Westgate Ave Salem, IL 62881
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121 Westgate Ave Salem, IL 62881
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121 Westgate Ave, Salem, IL
Cindy Quinn
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