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    OFF-MARKET
    Commercial real estate

    128 North Ave, Flora, IL 62839

    5,685 SF 0.3 ac lot Built 1978
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 128 W North Avenue in the heart of downtown Flora, Illinois, presents a unique opportunity for business owners. The building boasts 5,685 square feet of space situated on a 0.3-acre lot (13,200 square feet). Its prime downtown location ensures high visibility and excellent foot traffic, making it ideal for a variety of retail or commercial ventures. Constructed as a newer building in the downtown area, it offers modern amenities and a fresh aesthetic. The interior features impressive tall ceilings, creating an open and airy atmosphere conducive to a range of business uses. The property's design prioritizes convenience, with easy access for both customers and deliveries. Abundant natural light and prominent street frontage enhance the storefront's appeal, ensuring maximum visibility for your business. This property is ready for immediate occupancy and represents a strong investment in a thriving downtown location. The asking price is $140,000. Don't miss this chance to secure a prominent presence in Flora's bustling commercial district.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1978
    Total area 5,685 SF
    Lot 0.3 ac (13,068 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
    • North Wayne Insurance Insurance Agency
    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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