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310 W N ST
MANHATTAN, IL 60442
Asking Price
$650K
Asset Type
Auto Shop Retail
Class
Class B
What's Special
Huge potential in a prime commercial location! <p><strong style="color: rgba(0, 0, 128, 1)">Huge potential in a prime commercial location! Situated on busy Route 52 (North Street), this high-visibility property offers exceptional exposure and endless possibilities. Currently a car wash being sold as-is, the facility includes 4 manual bays, 2 automatic bays, a mechanical room, existing signage, and a paved lot with 13 parking spaces - with room for many more under a converted use. Flexible C-3 zoning allows for a wide range of uses, including
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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.351
Annual Cash Flow
$41,415.793
