Bill Kennedy
Managing Broker IL, IA, KS / Land & Home Specialist / IL Auctioneer
Prime Downtown Investment Opportunity on the Historic Macomb Square
Well-maintained approximately 3,780 sq. ft. mixed-use commercial building ideally located on the Macomb downtown square with partial basement. The main-level storefront offers excellent visibility and is currently leased for business use. The main-level also includes a half bath. The second floor features two one-bedroom, one-bath apartments, providing additional income potential.
Significant updates include a new hot water heater in 2024, with the boiler and roof replaced in 2019. One apartment was fully renovated in 2023, along with a 2023 renovation of the storefront, ensuring modern finishes and reduced capital expense for the next owner.
The property is fully leased and generates $2,400 in monthly income, making it a solid turnkey investment in a highly desirable downtown location.
Contact the Legacy Land Company listing agent for your private showing!
Ask Bill a Question
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