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    OFF-MARKET
    Commercial real estate

    853 Main St, Barry, IL 62312

    1,080 SF 0.16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1080-square-foot commercial property, located at 853 Main Street in Barry, Illinois, presents a unique opportunity for entrepreneurs. Situated in the heart of the historic business district on a 0.16-acre lot, this building offers versatile space ideal for a variety of uses, including a coffee shop, co-working space, insurance office, retail store, or small fitness studio. The property is being sold AS-IS. Recent improvements enhance its appeal and functionality. The front area boasts newly installed flooring (2024), creating a fresh and updated feel. The interior features sealed brick walls, preserving the building's historical character while ensuring durability. A fresh coat of paint brightens the interior, making it move-in ready. A newly installed awning adds to the building's curb appeal, complementing the historic architecture of the district. Included in the sale are a refrigerator/cooler and a counter bar, adding value and convenience for prospective buyers. This property is priced at $44,900 and offers significant potential for a savvy investor or business owner.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,080 SF
    Lot 0.16 ac (6,970 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Poppy's Flower Patch (Bike/Boat/Book/etc) Store Florist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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