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

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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!

ATTACHMENTS

Delavan

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

PROPERTY TAXES

Parcel Number
21-21-10-301-002
Land Assessment
$7,710
Improvements Assessment
$5,210
Total Assessment
$12,920
  • Listing ID: 33826479

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 220 E 5th St, Delavan, IL 61734

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