Commercial with Apartment

  • Featured Property

Details

Commercial with Apartment

Rare opportunity to own a piece of downtown Belvidere history!

The prime commercial brick building is home to Boone County License & Title and Flo Nutrition. Breathtaking 3000+ SF apartment on the top floor features 3 bedrooms, an office, & 2.5 baths, 46x19 Great Room, 24x12 Kitchen with full wet bar, and Master bedroom with En suite. Beautiful natural woodwork throughout. Private Deck in the back. The apartment was totally rehabbed down to the studs ($85K) updated electric & plumbing, walls and ceiling fully insulated, and windows replaced. The first floor had over $35k in updates. Full clean useable basement great for storage or extra square footage. Plenty of parking in front and back of the building. 50 yr. Rubber membrane roof in 2019. New owners can live rent-free in apartment or could bring up to $1,400/month in rent.

Category

Enterprise Zone, Site

Location

419 South State Street
Belvidere, Boone, IL 61008
US
Parcel:05-25-357-025

Financials

Sale Price: $299,000.00

Lease Price: --

Terms:

Sq. Ft.: 7004

Acres: --

Tax: $0

Tax Year: 2021

Features

In City Limits

Building

Sub-dividable

Expandable

Land

Build To Suit

Shovel-Ready

Industrial Park

Business Park

100-Year Flood Plain

Phase 1 Environmental Audit Complete

Utilities

Water

Sewer

Electric

Natural Gas

High Speed Telecom

Transportation

Nearest Airport: 15 miles

Nearest Rail: 0.5 miles

Nearest Highway: 2 miles


Broker Info

BROKER INFO

AGENT/BROKER CONTACT

Gilbert Bleidorn
RE/MAX
Phone: 1-815-975-3607
https://www.remax.com/real-estate-agents/gilbert-bleidorn-belvidere-il/100007232


ECONOMIC DEVELOPMENT CONTACT

Pamela Lopez-Fettes
Growth Dimensions Economic Development
401 Whitney Blvd.
Belvidere, IL 61008
Work: 815-547-4252
Cell: 815-355-2250
Email: pfettes@growthdimensions.org

Posted On: 01-10-2023
Last Updated: - 10 months ago