Reynolds St Pontiac, IL 61764
- Lifestyle centers
Current Use by Public Records
- Lifestyle centers
Property Details for 0 Reynolds St
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Vermillion Plaza, a prominent shopping center in Pontiac, Illinois, presents a compelling owner-user or investment opportunity. Located on W Reynolds St, this retail property boasts a strategic position near downtown Pontiac and enjoys convenient access to Interstate 55, ensuring high visibility and accessibility. Currently available for purchase at $2,000,000, the property offers significant upside potential for value appreciation. The center's previous anchor tenant was a KMart, indicating a substantial existing footprint suitable for various retail uses. The property's location within Livingston County, zip code 61764, provides access to a well-established local market. This presents a unique chance to capitalize on the potential for increased occupancy and rental income. The property's size and configuration are ideal for an owner-operator seeking to establish a retail presence or for an investor looking to acquire a well-located asset with strong growth prospects. The property's proximity to downtown Pontiac and Interstate 55 offers exceptional exposure and convenience for both customers and employees. This is a rare opportunity to acquire a significant retail property in a growing market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Livingston
- State
- Illinois
- Longitude
- -88.6441
- Latitude
- 40.8716