Shelly Phares
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
**HERE'S YOUR CHANCE TO OWN THE FACILITY BEHIND A NATIONALLY KNOWN CUSTOM SHOP!** Currently home to Nichols Paint & Fab-featured for two seasons on MotorTrend's *Wrench'd*-this extraordinary Watseka complex was built new in 2022 with one goal: create a turnkey facility capable of taking high-end automotive projects from concept to completion! Spread across **8.41 acres with approximately 40,000 sq. ft. between two buildings**, this place is built to perform. The 30,000 sq. ft. main facility combines an impressive showroom and reception area with dedicated finish, fabrication and prep/paint departments, radiant heated floors, zoned HVAC, offices, showers, break room, extensive storage, second-floor finished space, professional paint booth and prep area. A separate **10,000 sq. ft. building** houses the Dyno and additional equipment. Located along State Route 1 with **9,050 AADT at the intersection**, the property offers outstanding visibility and exposure. Select equipment is included, with additional equipment negotiable. Bring your automotive, fabrication, performance, manufacturing or specialty operation and step into a modern, nationally recognized facility **built to make big things happen!**
Property Highlights
Property Type: Commercial - Investment
Building Description: 2.0 stories
Lot Size: 7.64 acres
General Information
County: Iroquois
Listed By:
Smith's Real Estate Services,
815-432-2900
MRED MLS
MLS ID: 12751835
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1800 N State Route 1, Watseka, IL 60970.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $4,500,000 | $4,500,000 |
| Down Payment | $157,500 | $900,000 |
| Monthly Mortgage Amount | $29,396 | $24,864 |
| Taxes | $6263 | $6263 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $2,702 | $0 |
| Monthly Estimated Total | $39,672 | $32,438 |
Shelly Phares
REALTOR®
Cell: (309) 269-2669
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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