Owner is ready to retire! This property comes with two (2) profitable businesses (Warehouse 301 Storage & Warehouse Fitness). The Warehouse at 301 West is the largest indoor vehicle storage center in the Midwest. This property is over 490,000 sf (price per sf is $2.55) and sits on 8+/- acres in Downtown Sterling, IL, and is capable of storing over 600 vehicles indoors. Projected storage revenue for the 2016/2017 season is $176,000-$200,000+. Zoned industrial mix use. 3 levels with multiple elevators and drive-in entrances. The drive-in basement can accommodate big rigs, campers and RV's. The building is located in a TIF District and Enterprise Zone. New sidewalks, roadway and drives 2013. $150,000 in recent renovations. Features include: 100,000 SF of gas heated floor space, 6,000 sf 24/7 fitness center w/ locker rooms, multiple office spaces, 18 semi docks, retail store front, roof top billboard, heavy power, 100% sprinkler protected, security, drive-in access and a parking lot for 60+ vehicles. Built between 1950-1980. 85% of roof was new in 1999 & 2008. Eight commercial lease tenants that generate $10K+ in revenue (15% total space). Possible Seller financing for qualified Buyer Located at: 301 W. 3rd Street Sterling, IL 61081. 3 Miles from Interstate 88. 1/2 Mile from IL RT 40 and IL RT 30. On IL RT 2. 90 Miles to Chicago, 45 Miles to Quad Cities, 50 Miles to Rockford.
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