514 Stephenson StFreeport, IL 61032
- Commercial real estate
- 515 SF
Property Details for 514 Stephenson St
- Year built
- 1957
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 515 SF
- Property type
- Commercial real estate
- APN
- 18-14-29-354-012
- APU
- 181429354012
Description
This exceptional mixed-use commercial property located at 514 E Stephenson Street, Freeport, Illinois, presents a prime investment opportunity. The building offers 515 square feet of usable space, providing ample room for a variety of business ventures. Its adaptable layout allows for creative customization to suit diverse needs, whether it's a retail shop, office space, or a unique service-based business. The property's significant advantage lies in its spacious parking lot, a valuable asset for attracting customers and ensuring convenient access. This feature is particularly beneficial for businesses requiring ample parking for clients or employees. The building is situated in Freeport, IL, offering access to a thriving local market. The seller is highly motivated and open to considering all reasonable offers, making this an attractive proposition for discerning investors seeking a profitable venture. This compact yet versatile property offers limitless potential for entrepreneurs and business owners looking to establish a presence in a desirable location. The asking price is $29,999. Don't miss this chance to acquire a property with substantial upside and immediate potential for return on investment. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $106,437
- Hospitality
- $97,496
- Educational
- $81,115
- Medical
- $83,905
- Retail
- $126,179
Location Insight
- City
- Freeport
- County
- Stephenson
- State
- Illinois
- Latitude
- 42.3015
- Longitude
- -89.6114
- CBSA code
- 23300
- CBSA name
- FREEPORT, IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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