Based on a 30-year fixed rate of 5.88% with 20% down. [ Change
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Property Description
$500,000 , Located in , GODFREY. ZIP Code: 62035
PRIME CORNER LOCATION. All 4.5 acres has commercial potential. This property includes a restaurant, and three rental houses. All four have had active leases over the last several years. The restaurant has a lease agreement through 2023. This 4.5 acre parcel will be subdivided upon sale. Highlighted picture shows approximate parcel. The restaurant includes 3800 sq/ft of retail space on highly visible property at a high traffic intersection. The rental houses include a 1300 sq/ft 3 BR/1BA unit and two 800 sq/ft 2 BR/1BA units. The owner averages a gross income of $3225/mo over the last 10 years.
Approximate lot size is 196,020 Acre(s) Master bedroom is N/A Bedroom #2 is N/A Bedroom #3 is N/A Bedroom #4 is N/A Bedroom #5 is N/A
Living room is N/A Familiy room is N/A Kitchen is N/A Dining room is N/A Laundry room is N/A
MLS#: 20047641
Listing ID: 205354
Updated: 13 hours and 58 mins ago
Days on site: 158 days
Listing provided by
Joshua Sprague
Re/max Alliance
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