Property summary
This exceptional 1,664 square foot freestanding building, situated on a 0.77-acre lot in Marshall, Illinois, presents a remarkable investment opportunity. Located on busy IL Hwy 1, boasting 164 feet of road frontage and excellent signage visibility, this property benefits from a high daily traffic count of 7,150 vehicles (per IDOT, 2023). The single-story building, constructed in 1970, offers ample parking with 30 spaces. Currently zoned B-3, the property's versatility allows for a wide range of uses, including retail, office, restaurant, and auto sales. The asking price is $549,900, translating to $330.47 per square foot. The entire 1,664 square feet is net rentable. This property's prime location and flexible zoning make it an ideal choice for a variety of businesses seeking high visibility and convenient access. The property is ready for immediate occupancy. This is a rare opportunity to acquire a well-located commercial property with significant potential for growth and profitability.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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