134 East Railroad St, Ashley, IL 62808
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.