Craig Newcomb
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Prime commercial opportunity along heavily traveled N Columbus Street (IL Route 23) in Ottawa! This 10,940-square-foot commercial building sits on approximately 2 acres and offers a versatile layout with excellent potential for a variety of business uses. Formerly utilized as an automotive dealership, the property features a front showroom with office and storage areas, two half bathrooms, central air conditioning and forced-air heat, plus a separate parts/storage area and expansive shop space. The shop includes concrete floors, floor drains, overhead heating, two 12' x 12' overhead doors, an additional 10' x 10' overhead door, and service desk areas. The parts/storage area includes an additional 8' x 9' overhead door. Approximately 36,155 square feet of asphalt parking area provides substantial on-site parking and maneuvering space. Zoned D - Office Research & Light Industrial, the property offers flexibility for commercial and light industrial uses. Conveniently located approximately 1/4 mile from the I-80 interchange with approximately 7,200 vehicles traveling N Columbus Street daily, according to an 2023 IDOT traffic count. Municipal water and sewer, natural gas and electric service. A substantial commercial property with visibility, accessibility, parking and a layout ready for its next business opportunity.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1980
Lot Size: 2.00 acres
General Information
County: LaSalle
Listed By:
Coldwell Banker Real Estate Group
815-433-5501
MRED MLS
MLS ID: 12766633
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4120 Columbus Street, Ottawa, IL 61350.
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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 | $776,900 | $776,900 | $776,900 |
| Down Payment | $155,380 | $27,192 | $194,225 |
| Monthly Mortgage Amount | $4,135 | $5,075 | $5,076 |
| Taxes | $1081 | $1081 | $1081 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $342 | $0 |
| Monthly Estimated Total | $5,443 | $6,725 | $6,384 |
Craig Newcomb
REALTOR®
Managing Broker
Office: (563) 441-5043
Cell: (563) 340-1035
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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