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2001 Ottawa Ave

Versatile 6,243 sqft commercial space with rental unit in Naplate, close to Starved Rock State Park!

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Asking Price: $85,000

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Address 

2001 Ottawa Ave, Ottawa, IL 61350

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Date Added
Nov 5, 2024
Days on Market
170 days
Time Since Last Update
20 days

Details

Property TypeMixed Use, Office, Retail, Special Purpose
SubtypeGrocery Store, Restaurant, Storefront
Square Footage6,243
Net Rentable (sq ft)6,243
OccupancyVacant
Units2
Year Built1924
Buildings1
Stories2
ZoningCommercial
Lot Size (acres)0.16
Broker Co-OpYes
APN21-16-212-013
OwnershipFee Simple

Marketing Description

Seize the incredible opportunity to own a piece of commercial property in the charming town of Naplate! This versatile 6,243 square foot building offers a range of possibilities, featuring a spacious commercial area on the main level, perfect for your business endeavors.​ The main level features a 38x32 front room which has two bathrooms, with a large 57x41 bar and banquet room with a bathroom.​ The main level also features a kitchen with access to the attached garage.​ Upstairs, you'll find a 3-bedroom, 1-bathroom rental unit that offers a cozy living space or additional income potential.​ This property also includes a convenient two-car attached garage, along with over ten additional exterior parking spots.​ Partial basement for utilities and extra storage.​ Previously was a restaurant/bar.​ Imagine the possibilities in this vibrant community-your dream investment awaits!

Investment Highlights

  • Spacious Commercial Property: 6,243 sq. ft. of versatile space, ideal for multiple business opportunities.

  • Prime Commercial Area: Main level includes a 38x32 front room with two bathrooms and a 57x41 bar and banquet room with an additional bathroom.

  • Functional Kitchen Access: Commercial kitchen with easy access to attached garage.

  • Rental Income Potential: 3-bedroom, 1-bathroom upstairs unit perfect for rental income or personal use.

  • Ample Parking: Two-car attached garage and over ten additional exterior parking spots.

  • Proven Track Record: Previously operated as a restaurant/bar, with potential for revitalization in a vibrant, community-focused town.

An excellent opportunity to secure a versatile investment in the charming town of Naplate!

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