Brockette Homes
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https://www.ruhlmortgage.com/BlakeEller.html
Description
WHAT COULD YOU CREATE HERE? One of Mahomet's most unique commercial opportunities! This architecturally striking 1,300 SF two-story building offers over 400' of highway frontage, expansive paver parking, beautiful landscaping, covered outdoor space and incredible visibility. Stone, wood, glass and black accents give the property incredible character, while utilities have already been extended to a separate area of the site, creating the infrastructure for a potential secondary use or additional business concept. Previously home to several successful local businesses and currently utilized as a successful weekly vacation rental, the possibilities are endless...wine or bourbon lounge, art gallery, salon, boutique, professional office, events, food-truck concept, collaborative business space and more. If you're paying premium commercial rent, maybe it's time to own your location and build equity. 401 W Oak isn't about what has been here, it's about what you're going to create here next!
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 2004
General Information
County: Champaign
Listed By:
Nate Evans Group
217-239-7113
MRED MLS
MLS ID: 12741365
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401 W Oak Street, Mahomet, IL 61853.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $599,900 | $599,900 | $599,900 |
| Down Payment | $119,980 | $20,997 | $149,975 |
| Monthly Mortgage Amount | $3,033 | $3,723 | $3,766 |
| Taxes | $835 | $835 | $835 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $264 | $0 |
| Monthly Estimated Total | $4,043 | $4,997 | $4,776 |
Brockette Homes
Office: (319) 551-8692
Cell: (319) 327-7992
Licensed in IA
Cedar Rapids Office
5805 Council St. NE
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
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