Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Nail Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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