Opportunity Available at Fairgrounds Road
8122 Fairgrounds RoadBelvidere, IL 61008
US
Financials
Sale Price: --
Lease Price: --
Terms:
Sq. Ft.: --
Acres: 1.5
Tax: --
Tax Year: --
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
Broker Info
Real Estate Agent / Broker
Nathan Bryant
Bryant Commercial Group
Mobile: 815-218-1371
Office: 815-200-6004
nathan@bryantcg.com
_________________________________________________________________________________________
Economic Development Contact:
Pamela Lopez-Fettes
Growth Dimensions
401 Whitney Blvd.
Belvidere, IL 61008
Mobile: 815-355-2250
Office: 815-547-4252
pfettes@growthdimensions.org
Details
Details
Property Type: Retail
Subtype: Auto Shop
Investment Type: Value Add
Tenancy: Multi
Square Footage 3,654
Units: 3
Years Built: 1925, 1981
Year Renovated: 1960
Buildings: 2
Stories: 2
Zoning: B-2
Lot Size (acres): 1.5
APN: 05-23-326-009
Marketing Description
For over 30 years this property has been occupied by Superior Motor Car Co. The commercial building contains a spacious showroom, office, restroom and auto shop. The multifamily building is comprised of a one bedroom unit and a two bedroom unit.
Close proximity to US-20
Average Daily Traffic 4,900 VPD
Strong population growth
714 businesses in a 3 mile radius
Investment Highlights
The one bedroom unit is leased for $500 a month. Leased month to month.
The two bedroom unit is not leased and has value add opportunity.
Category
Enterprise Zone, Site
Posted On: 07-05-2023
Last Updated: - 2 months ago