506 Co Rd 1375 Albion, IL 62806
- Office Properties & Spaces
- 10.00 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 506 Co Rd 1375
- Lot size
- 10.00 lot acres
- Property type
- Office Properties & Spaces
Description
This exceptional 10-acre property in Albion, Illinois, presents a unique investment opportunity. Located on Illinois Route 130, approximately five miles north of Albion, this well-established, turnkey automotive salvage business boasts significant highway frontage (over 600 feet) and is fully fenced. The property includes a substantial 6,392 square feet of workshop and storage space, perfectly suited for continued operation of the existing business or adaptation to other uses. In addition to the ample workshop space, there is a 1,440 square foot office area with an attached two-car garage, providing comfortable and functional administrative space. The sale includes approximately 300 salvage vehicles, a large inventory of engines, transmissions, and miscellaneous parts, and a Deutz 7085 tractor with a loader. The property's location on a major route offers excellent visibility and accessibility, making it an ideal location for a variety of commercial ventures. The asking price for this turnkey operation is $250,000. The property's address is 506 CO RD 1375 N, Albion, IL 62806. This is a rare opportunity to acquire a well-established business with significant assets and substantial land in a desirable location. The zip code is 62806.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albion
- County
- 17047
- State
- Illinois
- Longitude
- -88.0556
- Latitude
- 38.4545
