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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

181 Soangetaha Rd Galesburg, IL 61401

21,747 SF Built 2007
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2007
Total area 21,747 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
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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