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    OFF-MARKET
    Commercial real estate

    16730 Mississippi Riv Rd, Hamburg, IL 62045

    0.69 ac lot Built 1994
    Property ID
    Property summary
    AI-generated overview

    This unique 0.69-acre commercial property located at 16730 N Mississippi River Road in Hamburg, Illinois, presents a remarkable investment opportunity. Previously a thriving local establishment, this building offers significant potential for redevelopment. The property includes a substantial structure ready for renovation, along with a 39x24 foot carport and an additional carport included in the sale. Its prime location near the Mississippi River offers easy access to boating enthusiasts and provides a strong draw for potential clientele. Imagine the possibilities: a revitalized venue hosting weekend bands, festivals, or simply a popular local gathering spot. With some tender loving care, the existing outdoor stage and deck could be restored to their former glory, perfect for summer entertainment. The property is being sold "AS IS" with all contents included, and the sellers are highly motivated and open to negotiations. This is a rare chance to acquire a piece of Hamburg's history and transform it into a thriving business. The property's size and location make it ideal for a variety of commercial ventures, offering a unique blend of historical charm and riverfront appeal. Don't miss this chance to own a piece of Hamburg's vibrant future.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1994
    Lot 0.69 ac (30,056 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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