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Property profile & analytics
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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