403 North Ave Flora, IL 62839
- Commercial real estate
- 3,780 SF
Current Use by Public Records
- Commercial real estate
Property Details for 403 North Ave
- Property size
- 3,780 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property at 403 W North Avenue in Flora, Illinois presents a unique opportunity for an entrepreneur. The 3,780 square foot building, constructed in 1984, has been a thriving family-owned business for 36 years, enjoying high visibility and strong community recognition. The current business model includes minor vehicle service work, oil changes, tire sales and service, mower repair, mower tire repair, and blade sharpening. The building's spacious layout features tall ceilings, large overhead doors ideal for equipment access, a showroom area complete with shelving and slatted display walls, and a sizable service counter. Heating is provided by gas, supplemented by a shop unit capable of burning used motor oil, offering potential cost savings. The property also boasts the potential to reinstate a previously successful tool and party rental business, expanding revenue streams. Included in the sale are various pieces of equipment
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Flora
- County
- Clay
- State
- Illinois
- Longitude
- -88.4907
- Latitude
- 38.6677
