2525 Auburn St, Rockford, IL 61101

Commercial property for sale

  • Description
  • Out of town owner wants to sell building and tenant would like to sell business and retire.Current tenant pays $1545 per month (includes taxes)Insurance cost is $1,863 per yearTenant will sell all equipment & business for $53,000 Excluding yogurt machines.Tenant has recently signed 5 year lease w/ 3 year option12% cap rate for investor Building price details: $115,000.
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 20
    Parking Type: Surface
  • Map Locations
  • Contact info
  • Kenneth Newsome
    815-494-1099 [Office]
    RE/MAX PROPERTY SOURCE
  • Note
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  • Property Details
  • Building Name: gyros restaurant
    Property Type: Retail
    Use Types: Free-Standing Building, Restaurant
    Status: Available
    Price: $ 82 +/SF
    Number of Stories: 1
    MSA: Rockford
    Zoning: COMMERCIAL GENERAL
    Buildings: 1
    Tenancy: Single Tenant
    Construction: Block
    Terms: Cash to Seller
    Added: 01/24/2013
    Last Update: 08/03/2013

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