Ray McDevitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Great opportunity to own an established seasonal ice cream shop with multiple income streams! Located on the east edge of Canton, Shake Shack offers a prime location with convenient drive-through service, an inviting outdoor dining area, and a fully equipped commercial kitchen. The sale includes modern equipment and everything needed to begin operating the business immediately. While currently operated seasonally, the property offers excellent potential for year-round operation. Adding to this unique investment opportunity is a separate residential rental home located behind the business. The home is a 3 bed/1 bath and has recently undergone some updates and is currently vacant, with plans to market it for rent. Additionally, a CEFCU ATM located on the property provides another source of rental income. This is a rare opportunity to operate your own business while benefiting from additional, consistent rental income streams. A detailed inventory and equipment list is available for review. Showings by appointment only.
Property Highlights
Property Type: Commercial - Business
Building Description: 1.0 stories
Available Sqft: 1064
General Information
County: Fulton
Listed By:
Rhoades Real Estate & Land Auc
Office: 309-647-8811
RMLSA
MLS ID: PA1271570
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1805 & 1809 E Chestnut Street, Canton, IL 61520.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $260,000 | $260,000 | $260,000 |
| Down Payment | $52,000 | $9,100 | $65,000 |
| Monthly Mortgage Amount | $1,349 | $1,656 | $1,672 |
| Taxes | $362 | $362 | $362 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $114 | $0 |
| Monthly Estimated Total | $1,811 | $2,232 | $2,134 |
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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