908 1St AveSilvis, IL 61282

  • Commercial real estate
  • 5,151 SF
For Sale
$225,000 View listing

Property Details for 908 1St Ave

Year built
1912
Property size (Sq ft)
5,151 SF
Zone code
SIL
Property type
Commercial real estate
APN
09-32-104-004
APU
932104004

Description

This exceptional 5,151 square foot commercial property, located at 908 1st Avenue in Silvis, Illinois, presents a remarkable opportunity for a diverse range of businesses. Situated on a 0.27-acre lot, this building boasts significant versatility, making it ideal for various commercial ventures. Imagine transforming this space into a vibrant bar, a dynamic dance studio, efficient office space, a welcoming restaurant, or a thriving retail establishment – the possibilities are truly limitless. The property features a recently installed roof, ensuring long-term protection and minimizing maintenance concerns. A convenient drive-up window adds to its practicality and appeal, enhancing customer accessibility and operational efficiency. Furthermore, the building benefits from newer furnaces, providing reliable and energy-efficient heating for year-round comfort. This prime location in Silvis offers excellent visibility and accessibility, placing your business in a strategic position to attract a substantial customer base. The asking price for this exceptional property is $209,900. Don't miss this chance to acquire a versatile and well-maintained commercial space with immense potential for growth and success. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,064,577
    Hospitality
    $975,147
    Educational
    $811,311
    Medical
    $839,213
    Retail
    $1,262,039

Location Insight

City
Silvis
County
Rock Island
State
Illinois
Latitude
41.5119
Longitude
-90.4152
CBSA code
19340
CBSA name
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,725
$5,940
$53,799
$59,739
-
$17,820
$161,397
$179,217

FAQs

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