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$ 790,000
Est. payment | /mo
4,480 SqFt
$ 790,000
Est. payment | /mo
4,480 SqFt
Key Details
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,480 sqft
Price per Sqft $176
Subdivision Gardner & Williams Add
MLS Listing ID 24073161
Lot Size 0.480 Acres
Acres 0.48
Property Description
Prime investment opportunity in the heart of Downtown Columbia's thriving Main Street District! This offering includes a fully leased commercial building currently operating as a popular Mexican restaurant, generating $6,200/month in rental income through April 30, 2026, and a 2-bedroom home on a month-to-month lease, bringing in an additional $1,100/month.
The main building boasts ample seating capacity, overhead garage doors for an inviting open-air dining experience, a full bar, spacious kitchen facilities, and multiple restrooms to accommodate high traffic. Situated in a bustling area with excellent visibility and foot traffic, this property is perfect for investors seeking a solid, income-producing asset.
Don’t miss your chance to own a piece of Columbia’s dynamic downtown!
The main building boasts ample seating capacity, overhead garage doors for an inviting open-air dining experience, a full bar, spacious kitchen facilities, and multiple restrooms to accommodate high traffic. Situated in a bustling area with excellent visibility and foot traffic, this property is perfect for investors seeking a solid, income-producing asset.
Don’t miss your chance to own a piece of Columbia’s dynamic downtown!
Location
State IL
County Monroe-il
Zoning CC2
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Gas to Site, Water Available, Sewer Available
Roof Type Flat,Metal
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
Listed by Linda Frierdich • Century 21 Advantage