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    OFF-MARKET
    Office Spaces

    416 North St, Grayville, IL 62844

    1,360 SF 1.06 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 416 East North Street in Grayville, Illinois, presents a unique investment opportunity. The property boasts a total of 1,360 square feet of office space spread across two buildings, situated on a generous 1.06-acre lot. Its convenient location near Bonpas Creek and the Grayville boat ramp at the Wabash River oxbow offers significant potential for various commercial ventures. The property is zoned for commercial use, providing flexibility for a range of businesses. Included in the sale are existing trade fixtures and business-related items, ideal for a buyer looking to establish a business immediately. The property's proximity to the river and recreational areas also makes it an attractive option for those seeking a location for outdoor-related businesses or a private fishing camp. The asking price for this versatile property is $95,000. The property's zip code is 62844, and its county is 17193. This is a rare opportunity to acquire a well-situated commercial property in a desirable location. The property's size and zoning provide ample room for expansion or adaptation to suit a variety of business needs. Don't miss this chance to own a piece of Grayville's commercial landscape.

    Property profile
    Verified
    Property type Office Spaces
    Total area 1,360 SF
    Lot 1.06 ac (46,174 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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