Description
OWN ALMOST THE WHOLE BLOCK! Commercial space available to purchase in desirable Downtown Vermillion. Property includes 113, 115, 117 and 119 E Main St all for $290,000. Businesses are NOT for sale as part of the package. Buildings to be sold together, but could be split in two (113/115/117 and 119-121). Property will be subject to Downtown Streetscape assessments estimated in 2022. Cash flow from rent is currently $2500/mo. Basement of 121 is registered as a rental with the City and ready for you to finish it for extra cash flow. 119 E Main (a three office unit) will be available soon but can be leased up for buyer.
-
0BEDS
-
0.39ACRES
-
5BATHS
-
01/2 BATHS
School Ratings & Info
Description
OWN ALMOST THE WHOLE BLOCK! Commercial space available to purchase in desirable Downtown Vermillion. Property includes 113, 115, 117 and 119 E Main St all for $290,000. Businesses are NOT for sale as part of the package. Buildings to be sold together, but could be split in two (113/115/117 and 119-121). Property will be subject to Downtown Streetscape assessments estimated in 2022. Cash flow from rent is currently $2500/mo. Basement of 121 is registered as a rental with the City and ready for you to finish it for extra cash flow. 119 E Main (a three office unit) will be available soon but can be leased up for buyer.
Listing provided courtesy of Michelle Maloney of Maloney Real Estate. © 2021 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.