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220 E 5th St 8,976 SF Retail Building Delavan, IL 61734 $180,000 ($20.05/SF)



INVESTMENT HIGHLIGHTS
- 10 lane bowling alley ready for your personal touches to re-open
- Come add your cosmetic touches and change the kitchen to suite your needs
- Large fenced lot included ready for conversion to a patio area, or add on to the building, etc
- Lanes and mechanicals are all in working order
- Potential for a liquor license and gaming on site
- There is a potential for TIF funds to be applied for and used come next May towards utilizing the additional space or perhaps some of the remodel etc
EXECUTIVE SUMMARY
Don't miss your chance to start your own business. 10 lane bowling alley ready for your personal touches to re-open. Lanes and mechanicals are all in working order. Come add your cosmetic touches and change the kitchen to suite your needs. Potential for a liquor license and gaming on site. Large fenced lot included ready for conversion to a patio area, or add on to the building, etc. There is a potential for TIF funds to be applied for and used come next May towards utilizing the additional space or perhaps some of the remodel etc. Don't wait. Call and schedule your private showing today!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bowling Alley
Building Size
8,976 SF
Building Class
C
Year Built
1945
Price
$180,000
Price Per SF
$20.05
Tenancy
Single
Building Height
1 Story
Building FAR
0.60
Lot Size
0.34 AC
Frontage
110’ on East 5th Street
PROPERTY TAXES
| Parcel Number | 21-21-10-301-002 | Improvements Assessment | $5,210 |
| Land Assessment | $7,710 | Total Assessment | $12,920 |
PROPERTY TAXES
Parcel Number
21-21-10-301-002
Land Assessment
$7,710
Improvements Assessment
$5,210
Total Assessment
$12,920
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220 E 5th St
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