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509 N School Street Atkinson, IL 61235 Commercial - Industrial Active

  • 509 N School Street, Atkinson, IL 61235 Main Photo

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Description

Exceptional Commercial opportunity featuring an 8,068 sq ft building situated on 3.3 acres in a highly accessible location just off Interstate 80 and US Route 6, approximately 20 miles east of the Quad Cities. Completely renovated and expanded in 2019, this property offers modern construction and systems throughout, including a new metal roof, siding, masonry, plumbing, electrical, HVAC, concrete, flooring, lighting, insulation, windows and doors. The building is fully heated and air-conditioned and includes six restrooms, along with city water and sewer service. Designed with flexibility in mind, the layout can accommodate a variety of commercial or industrial uses and could easily be divided into multiple tenant or operational spaces. Potential exists to add overhead doors for warehouse, contractor or light industrial applications. Outside, the property features more than 6,400 sq ft of concrete sidewalks, patio and parking areas, plus a large gravel lot with ample room for equipment storage, product staging, fleet parking or future expansion. A rare combination of location, infrastructure and versatility makes this an outstanding investment or owner-user opportunity. TIF zone.

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 2018
Lot Size: 3.30 acres

General Information

County: Henry
Listed By:
Mel Foster Co. Commercial 563-324-4488
MRED MLS
$399,900
Est. $2,644/mo
Active
SQUARE FEET8,068 MLS#12648913
STATUSActive PROPERTY TYPECommercial - Industrial

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Ruhl&Ruhl Realtors
563.441.1776

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509 N School Street, Atkinson, IL 61235.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $399,900$399,900$399,900
Down Payment $79,980$13,997$99,975
Monthly Mortgage Amount $1,970$2,418$2,471
Taxes $557$557$557
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$176$0
Monthly Estimated Total $2,644$3,268$3,145

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