1992 Oakwood Ave Geneseo, IL 61254
- Commercial real estate
- 1.04 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1992 Oakwood Ave
- Lot size
- 1.04 lot acres
- Property type
- Commercial real estate
- APN
- 08-28-180-013
- APU
- 828180013
Description
This exceptional 2,000 square foot commercial property presents a unique investment opportunity in a high-traffic location in Geneseo, Illinois. Situated on a 1.71-acre lot, this general commercial space boasts a shared entrance with a Walmart Supercenter, ensuring significant visibility and foot traffic. The property's strategic location within a thriving retail center offers unparalleled access to a substantial customer base. Neighboring businesses include a Dollar Fresh Market, Hardee's, Beck's, and Casey's General Store, creating a synergistic environment ideal for complementary businesses. The property's size and configuration are well-suited for a variety of retail or restaurant uses, providing ample space for operations and potential expansion. The asking price of $750,000 reflects the property's prime location, high visibility, and significant potential for return on investment. This is a rare opportunity to establish a business in a highly desirable and established commercial area with strong existing tenant occupancy. The shared entrance with Walmart provides immediate access to a large and consistent customer base, minimizing the need for extensive marketing and advertising. This property is ready for immediate occupancy and offers a turnkey solution for businesses seeking a high-traffic location with established infrastructure. Don't miss this chance to secure a prominent position in a bustling retail environment.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Geneseo
- County
- Henry
- State
- Illinois
- Longitude
- -90.1574
- Latitude
- 41.4338
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA