Wash N Dry Laundromat

1245 E Bluff St Marseilles, IL 61341

1245 E Bluff St, Marseilles, IL, 61341
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FOR SALE
Property Type:
Free Standing Building
Amount:
$250,000
Last Verified:
Oct 10, 2024

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Highlights

  • - 2,500 SF free-standing building
  • - Built in 1956
  • - Zoned for business use
  • - Existing Laundromat
  • - Strategic location in Marseilles area
  • - High visibility and accessibility for retail ventures
  • - Potential for a variety of business opportunities

Description

Presenting an exceptional value-add investment opportunity, the 2,500 SF free-standing building at 1245 E Bluff St is an ideal prospect for retail investors. The entire property is zoned for business. The existing building is currently operating as a laundromat with 20 washers and 20 dryers. The remaining property provides a strategic location for retail ventures seeking high visibility and accessibility. Positioned in the vibrant Marseilles area, this property represents a compelling opportunity for investors seeking a promising commercial asset in a thriving market.

Discover the charm of Marseilles, IL, a vibrant community with a rich history and a promising future. Nestled amid the scenic Illinois River Valley, the area offers investors a unique blend of small-town tranquility and convenient access to urban amenities. Nearby, Starved Rock State Park beckons with its stunning natural beauty and outdoor recreational opportunities. The city's historic downtown district boasts a variety of local shops and dining experiences. With its strategic location and diverse attractions, Marseilles presents an appealing opportunity for office building investors looking to establish a presence in a thriving and dynamic locale.


Year Built: 1956
Building Size: 2500sq ft
Lot Size: 0.88 acres


Documents

Wash N Dry Laundromat & Property

Map of 1245 E Bluff St, Marseilles, IL, 61341

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.