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    OFF-MARKET
    Retail properties & Spaces

    6519 Us-45, Watson, IL 62473

    8,773 SF 3 ac lot Built 1980
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8,773-square-foot mixed-use commercial building in Watson, Illinois, presents a unique investment opportunity. Situated on a 3-acre lot, this single-story, 1980-built structure boasts 18-foot ceilings and features a versatile layout ideal for various businesses. The property includes a large reception area (approximately 36' x 20'), five offices, an 18' x 21' conference room, a breakroom, and three restrooms. Extensive warehouse space is available, encompassing a 20' x 45' work/paint room, a 20' x 22' paint room, a 36' x 18' work/tool room, and two 52' x 22' garage bays. Recent upgrades include custom epoxy floors and electrical system updates. Adding to its appeal are a detached three-car garage and two mobile home rental units on the property. The building is zoned commercial and is offered at $375,000 ($42.74/sq ft) with a NNN lease option available at $6,500 per month. The seller is open to considering contract for deed financing for qualified buyers. This property's size, diverse spaces, and existing improvements make it an attractive prospect for a wide range of commercial ventures. The location in Watson, Illinois, offers easy access to US-45.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1980
    Total area 8,773 SF
    Lot 3 ac (130,680 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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