600 N Commercial StreetThomasboro,
Illinois IL61878
StatusClosed
Sold Date11/02/2022
SqFt
4,544
Acres
0.130
CountyChampaign
Property TypeCommercial Sale
Property Sub TypeOther
Description
Outstanding opportunity to purchase a commercial facility just minutes from the Champaign area. Positioned in Thomasboro is a Community Building with over 4500 sq ft. Included in the building is a full sized commercial kitchen, walk-in freezer, men's and women's bathrooms, bar area with coolers, and much more. Income opportunities are endless with this one. It's currently framed out and ready for event space. Ceilings are almost 13', ductwork is ran with 2 hvac systems, large kitchen area, and bar area recently reframed. Have solid consistent cash flow renting out to wedding parties, anniversary parties, banquets, etc. The real treat is adding income from liquor sales and food prep. Cover your overhead and more by simply renting out the kitchen as a commissary throughout the week to a few tenants..... Then events on the weekends. Space is also set up to be a restaurant/bar with entertainment options. Facility comes with tables and chairs, currently stored offsite. Space is zoned commercial so it would even work as a flex space if you are a commercial contractor needing storage and office space. You can easily add an overhead door to the East side of the building. Gaming machines can be built in with proper licenses. Estimates and plans on file to complete the renovation. Call today for private access. The previous owner was getting tons of calls to rent the space they just didn't have the time to dedicate to this project. Village of Thomasboro is eager to support and welcome any positive projects that are proposed.
County
Champaign
Property Sub Type
Other
Property Type
Commercial Sale
Zoning
COMMR
Cooling
Central Air
Flooring
Concrete
Lot Size Dimensions
65X132
Lot Size Square Feet
5577
Construction Materials
Wood Frame
Electric
Service - 201 to 600 Amps
Exterior Building Type
Vinyl Siding,Brick
Foundation Details
Concrete Perimeter
Frontage Type
City Street, Public Road
Heat/Ventilation
Forced Air,Gas
Number Of Units Total
1
Outdoor Parking
Common Parking,Paved,Private Lot,Public Lot
Roof
Other
Roof Structure
Flat
Utilities
Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Water Drainage
Storm Sewers
Board Number
22
Built Before 1978
no
Clear Span
yes
Current Use
Commercial
Fire Protection
None
Information
None
Known Encumbrances
None Known
Legal Description
LOT 12 BLOCK 2 THOMASBORO - DR BK. 26 PG. 621
Market Code
Off-Market
Minimum Available SqFt (Rentable)
4544
Miscellaneous Inside
Private Restroom/s,Public Restroom/s
Status
Closed
Possible Use
Commercial, Industrial, Retail
Property Offered
For Sale Only
Public Document Count
3
Purchase Contract Date
2022-09-29T00:00:00+00:00
Tax Annual Amount
1325.4
Tax Year
2021
Tenant Pays
Other
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#IDX-primaryPhoto,#idx-details-headerListed by: eXp Realty,LLC-Maho (217) 239-7113