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    OFF-MARKET
    Commercial real estate

    134 East Railroad St, Ashley, IL 62808

    2,566 SF 0.05 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 134 N East Railroad Street in Ashley, Illinois, presents a remarkable opportunity for entrepreneurs and investors alike. Boasting a generous 2,566 square feet of space, this building is ideally located in Ashley's central business district, providing convenient access to Illinois Highway 15, ensuring high visibility and easy accessibility for customers and employees. Currently a blank canvas, this property offers unparalleled flexibility for customization. The substantial square footage allows for a wide range of business applications, from retail spaces to offices, or even a combination thereof. The building's current condition presents a chance to create a truly unique and personalized business environment, reflecting the brand's identity and vision. The 0.05-acre lot provides ample space for potential expansion or outdoor amenities. Priced affordably at $30,000, this property represents an exceptional value in the Ashley commercial real estate market. Don't miss this chance to acquire a diamond-in-the-rough with significant upside potential. This is a rare opportunity to establish a thriving business in a desirable location. The building's central location and ample space make it an ideal investment for those seeking a high-return opportunity. Act quickly to secure this exceptional property.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 2,566 SF
    Lot 0.05 ac (2,178 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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