2339 Washington Rd, Washington, IL 61571-1853
This exceptional 2,052 square foot commercial building presents a fantastic investment opportunity in Washington, IL. Situated on a 0.48-acre lot along Route 8, this property boasts high visibility and excellent traffic counts, ensuring maximum exposure for your business. Currently configured as a single-tenant space, the building's adaptable layout allows for easy division into two separate units, providing flexibility for a variety of uses. Imagine the possibilities – a retail storefront and an office, two separate professional suites, or even a unique combination to suit your specific needs. Ample parking is available, catering to the needs of both tenants and customers. The property is equipped with 3-phase electric capacity, accommodating businesses with higher power demands. Its versatile design makes it ideal for a wide range of commercial ventures, including but not limited to office spaces, daycare centers, salons, or other retail establishments. This is a rare chance to acquire a well-located, adaptable commercial property with significant potential. The high visibility and convenient location make this an exceptional opportunity for an owner-user or investor seeking a strong return. Don't miss out on this chance to bring your vision to life in a thriving community.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.