200 Main St Dupo, IL 62239
- Commercial real estate
- 2,719 SF
- 0.20 lot acres
Current Use by Public Records
- Smoke-Stock WDM / Furniture Store
Property Details for 200 Main St
- Year built
- 1903
- Construction
- WOOD
- Lot size
- 0.20 lot acres
- Property size
- 2,719 SF
- Property type
- Commercial real estate
- APN
- 06-21-0-404-035
- APU
- 6210404035
Description
This exceptional 1900s commercial building located at 200 N Main Street, Dupo, IL, presents a unique investment opportunity. The property sits on a 0.2-acre lot and is offered at $450,000. The main floor features a fully equipped bar with high-top seating and a spacious dining area. A modern commercial kitchen, updated with new appliances in 2021, is also included. Two separate restrooms and a side room adjacent to the bar add to the functionality. The basement provides ample storage space, enhanced by two walk-in coolers. An attractive enclosed patio addition, perfect for live entertainment, boasts additional seating and its own restrooms. Outdoor patio space and a side yard offer further potential for outdoor activities. The property's significant income potential is further amplified by the presence of five upstairs apartments, ideal for rental income generation. All existing fixtures and equipment within the building are included in the sale. The property is being sold "As Is." This is a rare chance to acquire a historic building with substantial potential for a variety of commercial uses, offering both immediate income and long-term growth opportunities.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $280,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $460,000
- 6.5%
- $425,000
- 7%
- $395,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $376,000
- AI Estimate
- $415,000
Market price range: $107k - $377kMarket price range: $116k - $416k
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Location Insight
- Map
- Local Demand
- City
- Dupo
- County
- St. Clair
- State
- Illinois
- Longitude
- -90.2099
- Latitude
- 38.5206
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA