Located in Nauvoo, IL on the "strip" you can own a magnificent business in a high Tourist town! The Traffic Count in the Summer alone is in the Upper Hundreds of Thousands of people!! Owning a Business can be "Oh So Sweet" But the fact that the Cap Rate is over 14.52% makes it that much sweeter! This "Turn Key" business has been in the family for over 30 years, has a phenomenal reputation and a solid customer base which shows through their Net Income!! This business has the potential to grow as well! All Business Equipment stays at this price as well. Then to sweeten the deal, there is a piece of history on the property that comes with it! A Confidentiality Agreement will need to be signed as this is a CONFIDENTIAL SALE, there too is not be any sign on the property. It is easily shown w/a 24+ hr appointment request. This is one GREAT Opportunity for any New or Seasoned Business Owner. We can email Brochure upon request. Contact either Listing Agent for more details.
Handicapped Access, Patio, Security Lighting, Security System, Other
198 X 140.5 AND 41 X 99
Central Business District, Corner, Free Standing/Urban
This listing 1530 Mulholland Street Nauvoo, Il 62354
is a bus / bus w/real est listing
on a lot of 31,799 sqft (or 198 x 140.5 and 41 x 99). 1530 Mulholland Street is located in Nauvoo and in ZIP Code 62354.
It has been listed on our site since 11/3/18.
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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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