For Sale
$2,000,000

Reynolds St Pontiac, IL 61764

Prime Pontiac Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
133
Vermillion Plaza, a prominent shopping center in Pontiac, Illinois, presents a compelling owner-user or investment opportunity. Located on W Reynolds St, this retail property boasts a strategic position near downtown Pontiac and enjoys convenient access to Interstate 55, ensuring high visibility and accessibility. Currently available for purchase at $2,000,000, the property offers significant upside potential for value appreciation. The center's previous anchor tenant was a KMart, indicating a substantial existing footprint suitable for various retail uses. The property's location within Livingston County, zip code 61764, provides access to a well-established local market. This presents a unique chance to capitalize on the potential for increased occupancy and rental income. The property's size and configuration are ideal for an owner-operator seeking to establish a retail presence or for an investor looking to acquire a well-located asset with strong growth prospects. The property's proximity to downtown Pontiac and Interstate 55 offers exceptional exposure and convenience for both customers and employees. This is a rare opportunity to acquire a significant retail property in a growing market.

Highlights

  • $2,000,000 asking price for Vermillion Plaza shopping center in Pontiac, IL.
  • High-visibility location on W Reynolds St, near downtown Pontiac and I-55.
  • Large footprint, previously anchored by KMart, suitable for various retail uses.
  • Strong potential for value appreciation and increased rental income.
  • Ideal owner-user or investment opportunity in Livingston County, IL (zip code 61764).

Property Details for 0 Reynolds St

Property type
Lifestyle centers, Power centers

Location Insight

City
Pontiac
County
Livingston
State
Illinois
Latitude
40.871612374384
Longitude
-88.644060079644

FAQs

What type of property is this?
Lifestyle center - Prime Pontiac Retail Investment
Where is the lifestyle center located?
The property is located at Reynolds St Pontiac, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 asking price for Vermillion Plaza shopping center in Pontiac, IL.; High-visibility location on W Reynolds St, near downtown Pontiac and I-55.; Large footprint, previously anchored by KMart, suitable for various retail uses.
How can I contact the broker?
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0 Reynolds St
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