551 Columbia St Joliet, IL 60432

Property Details for 551 Columbia St

Year built

1950

Lot size

0.16 lot acres

Property type

Commercial real estate

APN

30-07-10-206-010

APU

300710206010

Description

This exceptional 5,000 square foot brick building at 551 Columbia Street in Joliet, Illinois presents a unique investment opportunity. The expansive warehouse or garage space features large overhead doors, ensuring easy access for various commercial vehicles and equipment. The property is fully equipped with heat, electricity, water, and a bathroom, along with a dedicated office area, providing a functional and comfortable workspace. The building's versatility makes it ideal for a wide range of businesses, including but not limited to: mechanic shops, auto detailing businesses, warehousing operations, heating and air conditioning services, carpentry workshops, window repair services, or light manufacturing. Adding to its appeal is a three-bedroom apartment, offering significant potential for rental income or providing convenient owner-occupied living quarters. Located on a corner lot, this property benefits from high visibility and accessibility. Its comprehensive amenities and adaptable layout make it an attractive proposition for entrepreneurs and investors seeking a profitable and versatile commercial space. The property is priced at $275,000 and is ready for immediate occupancy. This is a rare opportunity to acquire a well-maintained and strategically located commercial property with significant income potential.