1302 - 1320 N Michigan Ave

Marshall, IL

Others for Sale - $1,135,000 - 20,150 Sq. Ft. on 1 acres


Agent Info

Larry Kuchefski, CCIM
Coldwell Banker Commercial Devonshire Realty

Property Info

CIMLS#1141308
Location
  1302 - 1320 N Michigan Ave
  Marshall IL 62441
UpdatedJune 30th, 2023
TypeOthers
Price$1,135,000
Building20,150 Sq. Ft.
Land1 acres

Property Description

Introducing Marshall’s premier neighborhood center, a thriving hub that has been generating steady cash flow since 1980. Boasting an exceptional location and a well-rounded tenant mix, this property has recently undergone over $250,000 in upgrades, ensuring it remains a top destination for shoppers in the area.

The upgrades include a brand-new façade, freshly paved parking lot, modern rain gutters, pressure washing, lit walkways, and updated signage that significantly enhance the property’s curb appeal. Additionally, several HVAC units have been installed to ensure that the center provides a comfortable shopping experience to all its visitors.

The center’s diverse mixture of tenants caters to the varying needs of the local community, drawing shoppers from Marshall and the surrounding rural areas. From popular chain stores to independent businesses, there is something for everyone here. The center’s long-standing success and recent upgrades make it a solid investment opportunity for discerning buyers looking to add a valuable asset to their real estate portfolio.

Don’t miss out on this fantastic opportunity to own a well-maintained and profitable property in Marshall’s only neighborhood center. Schedule a showing today and see for yourself why this property is a true gem!

Owner is licensed real estate broker.


Financials



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