415-419 Main St Galesburg, IL 61401
- Commercial real estate
- 8,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 415-419 Main St
- Property size
- 8,000 SF
- Property type
- Commercial real estate
Description
This exceptional 8,000 square foot commercial property at 415-419 E Main Street in Galesburg, Illinois presents a unique investment opportunity. Situated in the heart of historic downtown Galesburg, this iconic brick building offers immense potential for a variety of uses. Currently configured as a mixed-use space, the property includes a thriving martial arts dojo occupying a significant portion of the ground floor. This area features finished storage, locker rooms, and an additional training room. The remaining ground floor space is currently leased as office space, complete with a break room, back room, and dressing room. The upper level comprises four large, adaptable spaces, ideal for a multitude of purposes. Imagine transforming these areas into a photography or video studio, expanding office space, creating a dance studio, or developing any other creative concept. The building's substantial size and central location provide unparalleled flexibility and visibility, making it an attractive proposition for both established businesses and ambitious entrepreneurs seeking a prominent downtown presence. The property is offered at $160,000. This represents a significant opportunity to acquire a substantial piece of Galesburg's rich commercial landscape. The building's solid construction and established tenancy provide a strong foundation for future growth and profitability.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Galesburg
- County
- Knox
- State
- Illinois
- Longitude
- -90.3643
- Latitude
- 40.9476