Michael Heesch
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Turn-key opportunity in the heart of Colfax! Located at 103 S. Center Street, this unique mixed-use property offers the chance to own an established ice cream shop along with an updated residential space above. The main level is currently operating as an ice cream shop, with appliances and equipment included in the sale, allowing a new owner the opportunity to step in and continue operations. The commercial space also features a newer furnace, brand-new split-unit air conditioning, and automatic interior window shades. Upstairs, you'll find an updated three-bedroom apartment offering excellent flexibility for an owner-occupant, rental income, or additional investment potential. The space also offers the ability for two full bathrooms. Whether you've dreamed of owning your own small-town business, are looking for a live/work property, or want to add a mixed-use investment to your portfolio, this property offers a rare combination of commercial and residential potential.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1894
General Information
County: McLean
Listed By:
Keller Williams Revolution
309-834-3400
MRED MLS
MLS ID: 12756700
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103 S Center Street, Colfax, IL 61728.
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563-441-1862
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Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $175,000 | $175,000 | $175,000 |
| Down Payment | $35,000 | $6,125 | $43,750 |
| Monthly Mortgage Amount | $920 | $1,129 | $1,134 |
| Taxes | $244 | $244 | $244 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $77 | $0 |
| Monthly Estimated Total | $1,264 | $1,550 | $1,478 |
Michael Heesch
REALTOR®
Cell: (563) 320-1477
Licensed in IA & IL
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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