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305 N 1st St , Alpha, IL 61413 305 1st st 1,369 SF 100% Leased Retail Building Alpha, IL 61413 $206,703 CAD ($150.99 CAD/SF)
Investment Highlights
- Large lot with ample open yard area.
- Side driveway provides rear access.
- Prominent corner location with dual street frontage.
- Excellent visibility and accessibility.
Executive Summary
Corner-located commercial property featuring a large main building, additional rear warehouse/storage structure, and detached garage on a sizeable lot. The property offers excellent visibility with frontage on two streets and multiple access points. Existing improvements provide potential for redevelopment, storage, warehouse, workshop, or adaptive reuse opportunities. Interior spaces require significant renovation and restoration, presenting a value-add opportunity for investors, developers, or owner-users seeking a property with expansion potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,369 SF
Building Class
C
Year Built
1959
Price
$206,703 CAD
Price Per SF
$150.99 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.09
Lot Size
0.35 AC
Frontage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 21-22-101-013 | Improvements Assessment | $17,879 CAD |
| Land Assessment | $6,529 CAD | Total Assessment | $24,408 CAD |
Property Taxes
Parcel Number
21-22-101-013
Land Assessment
$6,529 CAD
Improvements Assessment
$17,879 CAD
Total Assessment
$24,408 CAD
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Presented by
Epique Realty
305 N 1st St , Alpha, IL 61413 | 305 1st st
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