501 W MAIN ST Save Request In-Person Tour Request Virtual Tour
Fairfield,IL 62837
Key Details
Sold Price $150,00011.8%
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $34
MLS Listing ID EB454215
Sold Date
Originating Board rmlsa
Annual Tax Amount $4,267
Tax Year 2022
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Commercial
Property Description
Introducing a remarkable downtown property for sale. This 4,300 sq ft building, well maintained and in great condition, offers a multitude of possibilities. With a large reception area, multiple offices of various sizes, a conference room, a kitchen, handicap accessible bathrooms, good storage space, and a large attic. Whether you are expanding your current operations or starting a new venture, this space provides the flexibility and versatility you need to thrive. Building is currently leased. The renewable lease term is 06/01/2024 and will terminate on 05/31/2027. The sale of the property is subject to the terms of this lease. Current tenant owns some of the office furniture and supplies, those items are exempt from the sale. All other office furniture is included. Recent improvements have resolved prior water issues, enhancing durability and drainage. The seller installed a new gutter drainage system on the north and west sides, replacing old concrete and debris with new concrete and integrated drainage (8' x 70' north, 8' x 150' west). To complete the work, AC units were temporarily removed, the protective cage was modified, and both were reinstalled. These upgrades improve water management and structural integrity, eliminating previous concerns.
Location
State IL
County Wayne
Area Ebor Area
Zoning Commercial
Direction Hwy 45 N, turn left onto W Main, property on the right.
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Carpet,Concrete,Tile/Vinyl
Fireplace N
Exterior
View true
Roof Type Other
Garage 1
Building
Faces Hwy 45 N, turn left onto W Main, property on the right.
Sewer Public Sewer
Water City Water/Connected
Structure Type Block,Other
Others
Tax ID 2150065011