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$ 1,195,000
Est. payment /mo
Active
601 Gale ST Oregon, IL 61061
19,710 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 19,710 sqft
Price per Sqft $60
MLS Listing ID 12654001
Year Built 2015
Annual Tax Amount $23,919
Tax Year 2025
Lot Size 3.840 Acres
Property Sub-Type Mixed Use
Property Description
Prime Commercial Opportunity in the Heart of Oregon! Positioned on a highly visible corner lot along a heavily traveled roadway, this 3.8-acre MOL property offers unmatched exposure and endless potential for a wide variety of commercial ventures. This nearly 20,000 square foot building formerly operated as a car dealership. This location has long been recognized as a destination business site within the community, making it an incredible opportunity for an entrepreneur or investor looking to establish a strong presence in a thriving area. The versatile layout features multiple office spaces, a spacious service area with impressive ceiling height, ample storage throughout, a break room, and his-and-hers restrooms. Outside, the expansive parking lot provides abundant parking and easy access for customers, employees, or fleet vehicles. Whether you're envisioning an automotive business, retail showroom, contractor headquarters, warehouse/distribution center, recreational facility, or another innovative concept, the possibilities here are truly endless. Adding even more value, the City of Oregon is eager to work with a future owner and may offer incentives to help bring new business and development to the area. Commercial properties with this combination of location, acreage, visibility, functionality, and future potential are an increasingly rare find. Don't miss the chance to transform this iconic property into Oregon's next successful business venture!
Location
State IL
County Ogle
Area Oregon
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
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Listed by Rebecca Hazzard of RE/MAX of Rock Valley