710 Main St, Troy, IL 62294-1817
This exceptional commercial property, located at 710 S Main Street in Troy, Illinois, presents a unique investment opportunity. Situated on a 0.12-acre lot, this general commercial space boasts a highly desirable location with excellent visibility and easy access from Highway 40 East. Previously utilized as a doctor's office and pharmacy, the versatile layout offers multiple potential business applications. The interior has undergone a complete remodel in 2020, resulting in an immaculate and updated space. Features include a large open area perfect for retail or service-based businesses, a convenient back storage room, a break room equipped with a refrigerator, and a bathroom. The property also includes all existing equipment, products, and contents, representing a significant value-add for the buyer. Recent upgrades include a new roof installed in 2018 and an HVAC system replacement in 2009, ensuring efficient and cost-effective operation. The high traffic count ensures excellent exposure for any business operating from this location. This turnkey opportunity is priced competitively at $192,500 and is ready for immediate occupancy. The space's adaptable design and prime location make it an ideal investment for a savvy entrepreneur seeking a thriving business environment. Don't miss this chance to own a piece of Troy's bustling commercial landscape.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.