5901 Il-3 Waterloo, IL 62298
- Refrigerated & Cold Storages
- 28,683 SF
- 9.20 lot acres
Current Use by Public Records
- Refrigerated & Cold Storages
Property Details for 5901 Il-3
- Lot size
- 9.20 lot acres
- Property size
- 28,683 SF
- Property type
- Refrigerated & Cold Storages
- Property subtype
- Retail properties
Description
This exceptional 28,683-square-foot cold storage facility in Waterloo, Illinois, is offered at $1,500,000. Located on a spacious 9.2-acre lot, this property boasts a main building with FDA approval and additional USDA-approved areas, ideal for food-grade manufacturing. The facility includes extensive refrigerated and freezer space, totaling 5,044 square feet of coolers maintained at 34-38°F and 3,321 square feet of freezers ranging from -10°F to 0°F. Efficient operations are ensured by eight dock-high doors and one drive-in door. Currently vacant, this property presents a significant opportunity for businesses seeking a well-equipped, spacious, and strategically located cold storage solution. The property is classified as both retail and industrial and is situated at 5901 IL-3, Waterloo, IL 62298, in Monroe County. The price per square foot is $55.78. This turnkey operation is ready for immediate occupancy. The expansive lot size offers significant potential for future expansion or development. Don't miss this chance to acquire a high-quality, established cold storage facility in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Monroe
- State
- Illinois
- Longitude
- -90.1199
- Latitude
- 38.2803