Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 29836684
Gross Land Area: 5.08 Acres
Sale Price: $1,500,000
Unit Price: $295,275 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/21/2017

Overview / Comments

Vacant land consists of an irregular-shaped, non-corner parcel constituting 5.08 acres, or 221,285 square feet. The subject property consists of one legal parcel and has 477 feet of frontage along State Road 47 (Union Street). The southern portion of the parcel, 2.06 acres, is improved with a one-story, textured concrete-exterior, 6,900 square foot restaurant, constructed 1996. This property is currently owner-occupied and is being utilized as a sit-down restaurant and bar.

• 5.08 acres vacant land
• 477 feet of frontage along State Road 47 (Union Street)
• 2.06 acres improved w/one-story, 6,900 sf restaurant
• Restaurant/bar is currently owner-occupied

Additional Details

Nearest MSA: Pontiac
County: Livingston
Zoning: B2
Market Type: Rural
Property Located Between: IL 47 & West Livingston Road
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Feet of Frontage: 477
Transportation: Highway
Area Description: 900 N. Union Street
Topography: Level
Easements: Electric Lines, Ingress/Egress, Utilities
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 901 4,245 7,450
Median Age: 41.09 41.3 40.22
Households: 357 1,677 2,465
© Copyright Indiana Commercial Board of REALTORS®. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Indiana Commercial Board of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.