0 Reynolds StPontiac, IL 61764

Property Details for 0 Reynolds St

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Pontiac

County

Livingston

State

Illinois

Latitude

40.8716

Longitude

-88.6441

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