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    903 Main St El Paso, IL 61738
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    903 Main St, El Paso, IL 61738

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    • Retail properties & Spaces
    • 7,200 SF
    • 0.64 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 903 Main St

    Year built
    2004
    Lot size
    0.64 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This 7,200-square-foot retail building in El Paso, Illinois, is offered at $495,000 ($68.75/SF). Built in 2004, this freestanding, one-story structure sits on a 0.64-acre lot at 903 W Main St, 61738. Previously a Dollar General, the building features a metal-sided exterior with a steel frame and a typical block facade. The interior includes a large sales area, a small office, employee area, stockroom, and two restrooms. The pitched roof is covered with a standing metal seam over a metal deck supported by steel joists and is insulated. The property boasts ample parking. Located in a predominantly rural area with many farms, El Paso offers small-town charm and is approximately 35 miles from Peoria, IL. Nearby towns include Bloomington-Normal, Gridley, Eureka, and Chenoa. This presents an excellent investment opportunity due to limited available inventory in this submarket. The property is ideal for a variety of uses, including general storage, and is perfect for an owner-user or investor seeking a versatile retail space in a growing agricultural community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    El Paso
    County
    Woodford
    State
    Illinois
    Longitude
    -89.0416
    Latitude
    40.7372
    More about this property
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