1405-1419 WASHINGTON Road
Highly visible, 8-unit shopping center located on Washington Road (BUS24). 6 units are currently leased, grossing $44,700 rents per year. Opportunities for new owner to occupy units, or to increase gross income by $1050 per month with the additional rents. Current CAP rate is 9.23%, and fully rented, it would be approximately 12.64%. The building has been recently remodeled in 2020 with new roof tear off, and exterior and interior remodels. NDA for financials, no "For Sale" sign currently on the property.
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Listing #PA1238587 Courtesy of Jessica Ball with RE/MAX Traders Unlimited. Pref: 309-363-2929. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
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All information provided through this website was obtained from sources deemed reliable; however, Property Peddler Inc. make no guarantees of the accuracy of information. All sketches and dimensions on this website are approximate and should be verified. All acreages are approximate and have been based on aerial photography, tax maps, or plat maps and are in no way guaranteed and the buyer might consider for it to be confirmed by a licensed surveyor.
Prospective buyers should rely on their personal inspection and/or the inspections of a professional property inspector for the condition of the property. As for the title work, it is the responsibility of the buyer and/or the buyer’s attorney to inspect. We suggest prospective buyers do their due diligence regarding their purchase. Neither the seller nor Property Peddler Inc. assumes liability for the accuracy, errors, or omissions. Seller reserves the right to refuse any and all offers submitted and may withdraw the property from offering without notice.
