1300 Washington St, Washington, IL 61571
This exceptional commercial property, located at 1300 Washington Street in Washington, Illinois, presents a significant investment opportunity. Boasting a substantial 16,000 square feet of versatile space, this general commercial building sits on a generous 1.5-acre lot, offering ample room for expansion, parking, or outdoor operations. The property's prime location on Washington Street ensures high visibility and accessibility, making it ideal for a wide range of businesses. The asking price is $850,000, representing a compelling value for a property of this size and location in a thriving Illinois community. The expansive footprint allows for diverse configurations to suit various business needs, from retail and office spaces to light industrial or warehousing. The ample land provides significant potential for future development or expansion, catering to growth and adaptation. This property is ready for immediate occupancy and presents a rare chance to acquire a substantial commercial asset in a desirable location. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property's size and location make it a strong contender for a variety of commercial ventures, promising a solid return on investment. Its potential for customization and expansion further enhances its appeal to discerning buyers seeking a flexible and adaptable space.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.