106 Davison St, Roanoke, IL 61561-7616
This 7,200 square foot commercial property, located at 106 W Davison Street in Roanoke, Illinois, presents a unique investment opportunity. Situated on Route 116 within Roanoke's corporate limits, this building boasts exceptional visibility, with the nearest intersection experiencing 4,600 cars per day. The property's recent use as a grocery store provides a turnkey operation, complete with all existing fixtures. This includes a fully equipped deli area with equipment, multiple walk-in coolers and freezers, a dedicated meat processing area, freestanding coolers, checkout lanes, and extensive retail shelving. The building is ready for immediate occupancy or adaptation to a variety of commercial uses. A significant advantage is the recently installed EDPM roof, ensuring long-term structural integrity and minimizing maintenance costs. The property sits on a 0-acre lot, offering convenient access and ample space for loading and unloading. The asking price of $330,000 represents a compelling value for a well-equipped, high-visibility commercial space in a thriving location. This property is ideal for an entrepreneur looking to establish a new business or an existing business seeking expansion. Its prime location and comprehensive equipment make it a truly exceptional opportunity.
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U-Haul Neighborhood Dealer Car Rental Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.