181 Soangetaha Rd Galesburg, IL 61401
This exceptional, well-maintained 21,747-square-foot retail building is situated on a 2.66-acre lot (115,870 square feet) at the southeast corner of East Main Street and South Soangetaha Road in Galesburg, Illinois. Built in 2007, this single-story structure boasts a spacious 9,745-square-foot showroom, complemented by a substantial 12,000-square-foot warehouse, service area, and office space. The property features three overhead doors, ample parking, and is conveniently located with immediate access to I-74, midway between the Quad Cities and Peoria. Previously used as a motorcycle dealership, this versatile space is zoned B-2, offering a wide range of potential uses. The asking price is $2,299,999 (a reduction from $2,750,000), and the 2023 property taxes were $69,081. Parcel numbers are 99-13-229-014 & 99-13-229-013. The property is currently vacant and offers significant potential for a variety of retail businesses. The price per square foot is $105.76.
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.