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    OFF-MARKET
    Commercial real estate

    Main St, Kewanee, IL 61443

    0.79 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional .79-acre commercial lot, located at 0 N Main Street in Kewanee, Illinois, presents a unique opportunity for developers and entrepreneurs. The property, previously occupied by a retail structure that has since been demolished, offers a clean slate for new construction. The lot dimensions are approximately 52.55 feet by 90.28 feet by 48.86 feet by 150 feet, providing ample space for a variety of commercial ventures. Its prime location on Main Street ensures high visibility and accessibility, making it ideal for businesses seeking strong foot traffic and convenient access for customers. The site is priced aggressively to facilitate a swift sale. Please note that a previous basement structure has been filled in. This property is ready for immediate development, allowing for the construction of a new building tailored to specific business needs. Utilities are available, though specific connections will need to be verified independently. This is a rare chance to acquire a well-situated commercial lot in a thriving community, offering significant potential for return on investment. Don't miss this opportunity to establish your business in a highly visible and accessible location. Act quickly, as this property is priced to sell fast.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.79 ac (34,412 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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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