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230 N Main Street

Columbia, IL 62236
  • $790,000
  • STATUS: Active Under Contract
  • ON SITE: 16 Days
  • ID#: 24073161
Under Contract
$790,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,480
    SQFT
  • $176
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

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!

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-12-13T23:39:30.733.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/158340167
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230 N Main Street Columbia, IL 62236

  • Price: $790,000
  • Status: Active Under Contract
  • On Site: 16 Days
  • ID#: 24073161
0
Beds
0
Baths
0
½ Baths
0.48
Acres
4,480
SQFT
$176
$/SQFT
Neighborhood:
Gardner & Williams Add
County:
Monroe
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!
Exterior Features

Attached Garage YN No Lot Size Source County Records Parking Features Asphalt Road Frontage Type City Street Roof FlatMetal Unit Location Downtown

Interior Features

Above Grade Finished Area Source Appraiser Building Square Footage 1008.00 Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Business Name El Paso Mexican Restraunt Commercial Type Commercial Land Current Financing Cash OnlyConventional Current Use One StoryFreestandingMixed UseRestaurantSingle OccupancyStore FrontBar/TavernResidential Development Status Unknown Disclosures UnknownSellers Discl Not Av Electric Ameren Existing Lease Type Gross Inclusions Building & LandSubject to Lease Lease Term Other Miscellaneous 2+ Lavatories Net Operating Income 0 Possession Lease Out Stand Possible Use RestaurantResidential Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 3545 Tax Year 2022 Transaction Type Sale Utilities Electricity AvailableGas to SiteWater AvailableSewer Available Water Source Public Zoning CC2

Listing provided courtesy of Century 21 Advantage: 2817621. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-12-13T23:39:30.733.

Fusion Realty, LLC: 618.781.9170
 
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