For Sale
$540,000

Alpine Rd Rockford, IL 61109

Profitable multi-tenant restaurant, 5,400 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a 5,400 square foot, multi-tenant restaurant property located in Rockford, Illinois, on Alpine Rd, zip code 61109. The property, built in 1968, sits on a 16,117 square foot lot and is classified as a Class C retail building with a C3 zoning permit. The single-story structure boasts 100% occupancy with two tenants currently operating within its space. The asking price for this leased fee ownership is $540,000. Real estate taxes for 2023 were $11,670. The property's APN is 1229385007. This turnkey operation offers immediate income potential and a strong foundation for future growth within a thriving community. The property's size and multi-tenant structure provide diversification and resilience, making it an attractive investment for both seasoned and emerging investors. This is a rare opportunity to acquire a well-established, fully occupied commercial property in a desirable location. Serious inquiries are encouraged.

Highlights

  • 5,400 square foot multi-tenant building available for sale.

Property Details for 0 Alpine Rd

Property type
Retail properties, Restaurants
Square Feet
5,400 SF
Class
C
Year Built
1968
Buildings
1
Stories
1

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.253709119623
Longitude
-89.029109331197
Alpine Rd, Rockford, Illinois

FAQs

What type of property is this?
Retail property - Profitable multi-tenant restaurant, 5,400 sq ft.
Where is the retail property located?
The property is located at Alpine Rd Rockford, IL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 5,400 square foot multi-tenant building available for sale.; ;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Alpine Rd
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