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1221 S Laramie 7,400 SF 100% Leased Retail Building Peoria, IL 61605 $374,594 CAD ($50.62 CAD/SF)
Executive Summary
There is no For Sale sign on the property as this is an active, open business. This commercial property includes three units and three lots - Tall Bob's Ice Cream Roundup(~2,000 SF), and a warehouse building section (5,400 SF) that could be divided into two units, each with their own utilities. Each of the 3 units has its own Ameren meter, water meter and sewer line. Furnace and AC in restaurant areas only, overhead heating units in warehouse/shop units. 2 overhead doors in the warehouse/shop units - 1 in each side. The sale includes the restaurant "Tall Bob's Ice Cream Roundup" with all of the furniture, fixtures and equipment (FF&E). Financials and equipment list available with NDA. There two additional parcels/lots are on the NE corner or Laramie and Starr.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,400 SF
Building Class
B
Year Built
1958
Price
$374,594 CAD
Price Per SF
$50.62 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.52 AC
Zoning
C-2
Frontage
61’ on Laramie St
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 17-13-280-034 | Improvements Assessment | $36,963 CAD |
| Land Assessment | $10,809 CAD | Total Assessment | $47,771 CAD |
Property Taxes
Parcel Number
17-13-280-034
Land Assessment
$10,809 CAD
Improvements Assessment
$36,963 CAD
Total Assessment
$47,771 CAD
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1221 S Laramie
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