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    OFF-MARKET
    Commercial real estate

    305 Main St, Jonesboro, IL 62952

    4,680 SF 0.28 ac lot Built 1982
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 305 N Main Street in Jonesboro, Illinois, offers a substantial 4,680 square feet of space on a 0.28-acre lot. Currently occupied by a fitness center, the building is equipped with a wide array of workout equipment, providing ample opportunity for a fitness-related business or a seamless transition to another use. The versatile layout includes a spacious main area, perfect for various activities, complemented by a large 30x30 foot garage ideal for storage or additional workspace. The property also features a full bathroom and a half-bathroom, adding convenience for both staff and clients. The ample parking available makes this location highly attractive for a variety of commercial ventures. Beyond fitness, this property presents significant potential as an event venue, given its size and layout, or as a retail space, benefiting from its prominent Main Street location. The asking price is $190,000, representing a compelling investment opportunity in a thriving community. This property offers a unique blend of existing infrastructure and adaptable space, making it an ideal choice for entrepreneurs seeking a ready-to-use commercial space with significant upside. The building's size and location make it a highly desirable property for a variety of commercial uses.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1982
    Total area 4,680 SF
    Lot 0.28 ac (12,197 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
    Current use
    Occupant on record · Public records
    • X- Treme Physique Health Club Gym & Fitness Center
    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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