801 W Grant Highway new

Marengo,IL 60152

$ 1450000

- Bed

- Bath

19520 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 19,520 sqft

Price per Sqft $74

MLS Listing ID 12401317

Year Built 1977

Annual Tax Amount $17,932

Tax Year 2024

Lot Dimensions 260X500

Property Sub-Type Mixed Use

Property Description

Industrial Building for Sale - Ideal for Car Dealership or Investment Unlock your business potential with this exceptional industrial property, perfectly set up for a car dealership or an investor seeking a multi-tenant opportunity. Spanning 3 acres, this impressive 19,500 sq ft building offers versatility and modern amenities. The property can easily be divided into 4 units, 3 warehouses each with 2 drive in doors and retail, making it ideal for multi-tenant use and maximizing rental income potential by accommodating various businesses under one roof. $300,000 alone has been invested just in new asphalt for vehicle display and operations, while the retail space has been completely renovated just a few years ago, offering a modern and inviting environment for customers. Enjoy the benefits of new electric and plumbing systems, ensuring reliable operations for any business, along with separate gas and electric meters (3 total) for multi-tenancy. The facility includes two dedicated car paint bays that cater and the retail area is equipped with air conditioning to create a comfortable shopping experience. All warehouses are heated with nearly all new hanging units, providing a working environment year-round. With its prime location and modern features, it's the perfect foundation for your automotive venture or a lucrative investment property.

Location

State IL

County Mchenry

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

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