107 N State Street 107-109, BELVIDERE IL 61008 Photo 1 107 N State Street 107-109, BELVIDERE IL 61008 Photo 2
Listed by Gerard DuMelle of CENTURY 21 Affiliated 815-397-7700

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107 N State Street - Price Reduced! In historical Down Town Belvidere a 2 Story Brick building with full basement. Lots of possibilities. City has free parking lot next door to property with 25 to 30 spots plus parking in front and behind building with about 8 more spots. Each level has 2982 sq/ft first floor, 2982 sq/ft second floor and 2982 sq/ft basement. First floor is currently a pet store. The second floor was used as 2 apartments in the past. Currently not rented. Basement is divided into 2 half's The one have was used as a dog training area and is finished. The other half of the basement is being used as storage. The current owner of the building also owns the pet shop. The owner would like to sell the building listed at $195,000.00 and the pet store business and inventory at $100,000.00. Owner would consider selling on contract with acceptable terms. Owner would also consider selling the building or the Business on its own. Or selling business and leasing business space in building.

Listing information

  • MLS® ID: 10057881
  • Status: Active
  • New Construction: No
  • County: Boone
  • Property ID: 104123099
  • Stories: 2
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: Surface / Paved 38 cars
  • Estimated Annual Taxes: $3,569

Features

Air Conditioning Central Air
Business Age 11+ Years
Business Type Pet Store
Confidentiality Or Non-Disclosure Agreement Requir Yes
Construction Brick
Current Use Commercial
Electrical Service Separate Meters
Franchisor Feed(y/n) No
Frontage/Access City Street
Heat/Ventilation Gas, Forced Air
Information Show-Call Listing Office, No Sign on Property, Listing Agent Must Accompany
Known Encumbrances None Known
Living Quarters Possible, Included, Available
Location Central Business District
Lot Size Less Than .25 Acre
Misc Inside Storage Inside, Inside Corridor/s
Misc Outside Enclosed Stairs
Other Zoning Type - Commr, Total Op Exp Year - 2018, Tax Year - 2017, Sales Taxes Year - 2018, Sales Taxes - 0, Net Profit - 0, Net Operating Income Year - 2018, Inventory Year - 2018, Gross Sales Annual - 0, Gross Sales Ann Year - 2018, Gross Profit Year - 2018, Gross Profit - 0, Approx Total Bldg Sq Ft - 8946, Approx Land Sq Footage - 5964, Annual Rent For Real Estate - 0, Adjusted Net Income - 0
Outdoor Parking Public Lot, Private Lot, Paved, Lighted, 31-50 Spaces
Ownership Type Individual
POSSESSION Closing
Potential Use Commercial
Property Offered For Sale Only
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) Yes
Sale Price Includes Trade Mark/s, Trade Fixtures, Phone Number, Owner Will Train, Land, Inventory, Equipment, Customer List, Business Name, Business, Building
Sale Terms Rent w/ Option, Owner May Help/Assist, Lease/Purchase, Conventional
Tenant Pays Repairs and Maintenance, Real Property Taxes, Insurance, Heat, Electric, Common Area Maintenance, Air Conditioning
Type Of Lease None
Type Ownership (Business) Individual
Unincorporated (Y/N) No
Utilities To Site Water-Municipal, Water to Site, Sanitary Sewer to Site, Gas to Site, Electric to Site
Waterfront (Y/N) No
Listed by Gerard DuMelle of CENTURY 21 Affiliated 815-397-7700