Josh Cummings
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
302 N 1st Street, Vienna, IL Exceptional commercial investment opportunity in the heart of Vienna! This property features a 5-bay car wash consisting of 4 self-service bays and 1 automatic bay, along with 4 coin-operated vacuum stations. While the car wash is currently non-operational, the seller estimates it could be restored to service with approximately $5,000 in repairs, offering tremendous upside for an investor or owner-operator. Also included in the sale is a 28-unit self-storage facility located directly behind the car wash on the same parcel. The storage unit mix includes: * 12 units (5' x 10') * 6 units (10' x 20') * 6 units (10' x 10') * 4 units (10' x 15') The storage facility enjoys strong occupancy, with only approximately four units currently vacant, providing immediate income potential. Situated in a prime commercial location next door to Casey's General Store and Vienna High School, this property benefits from excellent visibility, consistent traffic, and a central in-town location. Whether you're looking to expand your investment portfolio or bring the car wash back to life while collecting income from the storage units, this is a unique opportunity with significant value-add potential. Don't miss your chance to own this versatile commercial property with multiple revenue streams in one of Vienna's most recognizable locations. This could also be purchased together with MLS#12725044 as a bundle price of $799,800
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
General Information
County: Johnson
Listed By:
Farmer & Co. Real Estate
618-524-3000
MRED MLS
MLS ID: 12725232
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302 N 1st Street, Vienna, IL 62995.
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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 | $399,900 | $399,900 | $399,900 |
| Down Payment | $79,980 | $13,997 | $99,975 |
| Monthly Mortgage Amount | $1,996 | $2,450 | $2,491 |
| Taxes | $557 | $557 | $557 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $176 | $0 |
| Monthly Estimated Total | $2,670 | $3,300 | $3,165 |
Josh Cummings
REALTOR®
Cell: (563) 343-9627
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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