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Listed by Tim Smithof Smith's Real Estate Services,
$ 110,000
Est. payment | /mo
2,500 SqFt
$ 110,000
Est. payment | /mo
2,500 SqFt
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $44
MLS Listing ID 12427619
Annual Tax Amount $1,657
Tax Year 2024
Lot Dimensions 23.83X100
Property Sub-Type Bus / Bus w/Real Est
Property Description
Welcome to 106 W. Walnut St., a beautifully updated historic storefront nestled in the heart of Watseka's vibrant downtown corridor. This 2-story, 2,500 SF commercial property is currently operating as a stylish, modern salon with thoughtful renovations throughout the main level - including new flooring, new furnace and central air, and a striking new commercial storefront with large display windows and a custom entry door. The seller is offering a 5-year guaranteed leaseback, creating a dependable income stream for investors from day one. The unrehabbed upper level offers future opportunity for storage, expansion, or conversion. Positioned on a 24x100 lot, this is a rare blend of historic character and turnkey performance - ideal for savvy investors or anyone looking to own a piece of Watseka's flourishing business district.
Location
State IL
County Iroquois
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Cable Available, Fiber
View Y/N true
Roof Type Rubber
Building
Water Municipal Water
Structure Type Brick
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2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States