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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1370 Us Hwy 51 Hwy Anna, IL 62906-0000

Property ID
Property summary
AI-generated overview

This exceptional 6,000 square foot retail building in Anna, Illinois, presents a compelling investment opportunity. Situated on a spacious 3.13-acre lot at 1370 S US Hwy 51 Highway, this quality steel-constructed building features four independent units, each equipped with its own bathroom, HVAC system, and individually metered utilities. Previously utilized as retail/office space, the property boasts immense versatility. Potential uses include a lawn and garden center, other retail establishments, climate-controlled storage (with ample space for expansion), efficiency apartments (with minor renovations), or even a bar and event center. The motivated seller, who acquired the property a year ago, is now seeking to invest in farmland and is open to a 1031 exchange (preferably for farmland) and seller financing. This prime location in Anna, IL (zip code 62906-0000) offers significant potential for a wide range of businesses. The property's size and layout provide flexibility for various commercial ventures, making it an attractive investment for both seasoned and aspiring entrepreneurs. Don't miss this chance to acquire a versatile and well-located commercial property.

Property profile
Verified
Property type Retail properties & Spaces
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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