903 Broadway St, Lincoln, IL 62656-2905
This Lincoln, Illinois commercial property, located at 903 BROADWAY Street, is offered at $95,000. The 1600+ square foot building sits on a commercially zoned corner lot and boasts a rich history, previously serving as a beauty salon for over 35 years and a dance studio before that. The interior is currently configured with multiple rooms, including four main rooms ideal for various uses, a foyer/waiting area, two half baths, ample storage and workspace, and laundry facilities with washer and dryer included. Additional features include front and back enclosed porches, a large basement, and a rear parking lot. The property also benefits from a newer architectural roof. The building's central location offers easy access to Lincoln's historic downtown district, presenting a unique opportunity for a variety of commercial ventures. While the existing personal property is negotiable, the washer and dryer will remain. This versatile space is ready for its next chapter, offering a blend of history and potential. Don't miss this chance to own a piece of Lincoln's commercial landscape.
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Towne House Beauty Shop Nail Salon
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.