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405 E Main Street Mahomet, IL 61853 Commercial - Investment Active

  • 405 E Main Street, Mahomet, IL 61853 Main Photo

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Description

Spectacular renovated space right in the heart of downtown Mahomet. Some of the highest foot traffic in town due to its location being next to Smith Burger and Jt's restaurants, ice cream shop and event Center. Completely redone 8 years ago and decorated in the most current trends. 11 foot beamed and coffered ceilings with inlay. Gas fireplace with stacked stone accents, and built-ins. New hanging lighted sign and soffit lighting brings attention to the store front. Previously used as Remax real estate office, custom home builders showcase and office space. Has an attached warehouse in back. Would make a terrific small retail store, hairdresser, chiropractor, Law Firm, financial advisor, or insurance office. Be part of one of the fastest growing towns in downstate Illinois . Take advantage of all of the local events that occur on Main street such as: music fest, trunk or treat, car show, parades, farmers market, soda fest, and many more Christmas events. Extremely low operating expense due to all new LED lighting, heat pump and AC in 2018 plus building block construction. Roof replaced 5 years ago.

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: Champaign
Listed By:
Re/max Realty Associates-Mahom 217-352-5700
MRED MLS
$294,400
Est. $1,999/mo
Active
SQUARE FEET1,260 MLS#12691902
STATUSActive PROPERTY TYPECommercial - Investment

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405 E Main Street, Mahomet, IL 61853.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $294,400$294,400$294,400
Down Payment $58,880$10,304$73,600
Monthly Mortgage Amount $1,489$1,827$1,848
Taxes $410$410$410
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$130$0
Monthly Estimated Total $1,999$2,467$2,358

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