27195 Rte 3 RdOlive Branch, IL 62969

For Sale
$49,000

Illinois Commercial Property - $49K

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional commercial property, located at 27195 N ROUTE 3 Road in Olive Branch, Illinois, presents a fantastic business opportunity. Priced at $49,000, this versatile land parcel offers a combination of office and retail space, ideal for a variety of uses. The existing building features a recently installed HVAC system in one section, ensuring comfortable year-round operation. The flexible interior layout includes two separate rooms, allowing for independent businesses or a single, larger space. This presents a unique opportunity for entrepreneurs seeking a turnkey solution. Beyond the main building, the property also includes climate-controlled storage units, each renting for $300 per month, inclusive of utilities. This adds a significant revenue stream to the overall investment potential. The main building itself is currently generating rental income of $500 per month, plus utilities, providing immediate cash flow. Situated in Alexander County, Illinois, zip code 62969, this property boasts a convenient location with easy access to Route 3. The property's latitude and longitude coordinates are 37.168617 and -89.35674 respectively. Don't miss this chance to acquire a profitable and adaptable commercial property in a thriving Illinois market.

Highlights

  • $49,000 asking price for versatile office/retail space in Olive Branch, IL.
  • Recently updated HVAC in a portion of the building.
  • Two separate rooms allow for flexible use.
  • Climate-controlled storage units generate $300/month in rental income (utilities included).
  • Main building generates $500/month in rental income (plus utilities).
  • Convenient Route 3 location in Alexander County, IL (zip code 62969).

Location Insight

City
Olive Branch
County
Alexander
State
Illinois
Latitude
37.168617
Longitude
-89.35674
27195 Rte 3 Rd, Olive Branch, Illinois

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27195 Rte 3 Rd
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