Ray McDevitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
# PRIME COMMERCIAL LOCATION ? ENDLESS BUSINESS & INVESTMENT POSSIBILITIES! **A BUSY CORNER LOCATION WITH GREAT POTENTIAL FOR YOUR NEXT BUSINESS VENTURE!** Bring your vision to life in this exciting commercial property, ideally situated on a busy corner with plenty of nearby city parking for customers and guests. The main commercial space features an existing **gaming room, bar, equipment, and two restrooms**, with additional room to accommodate a kitchen, expanded dining area, or even an arcade-style entertainment room. But that's not all! The property also includes a **second separate building**, offering additional business and income-producing potential. Imagine transforming this space into an intimate private party rental venue, art studio, creative workspace, or another exciting business concept or office space leasing. **ADDITIONAL BONUS: TWO APARTMENTS LOCATED ON THE SECOND FLOOR!** These residential units provide even more investment potential and possibilities for rental income. Whether you're envisioning a neighborhood bar, restaurant, gaming establishment, entertainment venue, event space, or a multi-use investment property, this unique opportunity offers plenty of room to bring your ideas to life. **THREE OPPORTUNITIES IN ONE PROPERTY: COMMERCIAL SPACE, A SECOND BUILDING, AND TWO UPSTAIRS APARTMENTS - PLUS TIF FUNDS FOR EXTERIOR MAY BE OFFERED FROM THE CITY OF FARMINGTON FOR EXTERIOR IMPROVEMENTS!** Come check it out!
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Available Sqft: 3300
General Information
County: Fulton
Listed By:
R & R Realty
Office: 309-696-7628
RMLSA
MLS ID: PA1271482
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18 W Fort Street, Farmington, IL 61531.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $199,900 | $199,900 | $199,900 |
| Down Payment | $39,980 | $6,997 | $49,975 |
| Monthly Mortgage Amount | $1,037 | $1,273 | $1,285 |
| Taxes | $278 | $278 | $278 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $88 | $0 |
| Monthly Estimated Total | $1,415 | $1,739 | $1,663 |
Ray McDevitt
REALTOR®
Office: (563) 441-5228
Cell: (563) 940-0754
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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