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103 & 105 W Sale Street Tuscola, IL 61953 Commercial - Retail Active

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Description

Rare Downtown Investment! Two Seamlessly Connected Historic Landmarks. Location, Character, and Modern Integrity Discover a premier real estate opportunity in the heart of downtown. This sale includes two meticulously maintained, interconnected buildings (103 & 105 W Sale St) that perfectly blend historic charm with modern structural stabilization. Following a massive structural renovation in July 2024, including significant masonry and facade work, these buildings offer the rare historic soul buyers crave with the built to last peace of mind investors require. 103 W Sale St: Elegance & Infrastructure, storage areas and walk-in freezer/refrigerator. This building serves as the anchor for customer experience and operational support. The main level features stunning tiled flooring, two antique custom built-in booths, and walls lined with floor-to-ceiling wooden bookshelves. It is perfectly suited for overflow seating, a private event venue, or a high-end boutique. It also houses the public restrooms. The Upper Level: A massive 2,736 sq ft blank canvas. Currently used for storage, this space is brimming with potential for a luxury residential loft conversion or a premier commercial studio. 105 W Sale St: Production & Retail Potential The Sweet heart of the operation, designed for high-end production and versatile retail. Specialized Kitchen to fit the needs of any food connoisseur. Versatile Mid-Section: A transition space ideal for a conference room, additional serving area, or cozy seating. Storefront & Speakeasy: The front of the building is a showstopper, featuring exposed brick and a large storefront window directly on Sale St. Its layout is uniquely suited for a Secret Speakeasy or a distinct second retail concept. Buildings can be purchased in a bundle with 101 W Sale st.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1871

General Information

County: Douglas
Listed By:
Hillard Agency- Tuscola 217-253-2388
MRED MLS
$390,000
Est. $2,503/mo
Active
SQUARE FEET5,358 MLS#12617509
STATUSActive PROPERTY TYPECommercial - Retail

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103 & 105 W Sale Street, Tuscola, IL 61953.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $390,000$390,000$390,000
Down Payment $78,000$13,650$97,500
Monthly Mortgage Amount $1,846$2,296$2,371
Taxes $543$543$543
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$172$0
Monthly Estimated Total $2,503$3,125$3,028

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