117 E State St, Irving, IL 62051

$30,000

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List Price
$30,000
Status
ACTIVE
Days on Market
57
Price Change
▼ $29,900 1792697945
MLS#
26057739
Subtype
Commercial Sale
Year Built
1908
Lot Size
4,804
Acres
0.11
Subdivision
Not in a Subdivision
Neighborhood
Not in a Subdivision
Building Name
Irving Grocery & Meat Market

Property Description

50% PRICE REDUCTION! NOW JUST $30,000! MOTIVATED SELLERS SAY BRING AN OFFER! An incredible opportunity to own a piece of Irving history at HALF THE ORIGINAL ASKING PRICE! The new $30,000 price includes the real estate and building ONLY. Sellers are willing to negotiate the business, fixtures, equipment, and inventory separately. Whether you're looking to continue an established business or bring an entirely new vision to this historic downtown property, NOW IS THE TIME TO MAKE YOUR MOVE! OVER A CENTURY OF HISTORY — NOW PRICED TO SELL! Step back in time with this one-of-a-kind Irving landmark! Dating back to 1908, this longtime grocery store has been a fixture in the community for generations. Owned by the current sellers since 1972, this historic commercial property is ready for its next chapter! The approximately 2,500 square foot main level is loaded with original character, including impressive 12 foot ceilings, original tile ceilings, wood floors, and the original operational checkout counter. The charm and history of this longtime neighborhood store are unmistakable! Currently operating as a full-service grocery store, butcher shop, and popular local lunch stop, the building features grocery shelving and fixtures, a meat preparation area, two walk-in coolers, a refrigerated meat display, and related equipment. THE BUILDING IS PRICED AT JUST $30,000, AND THE SELLERS ARE OPEN TO NEGOTIATING EVERYTHING ELSE! Purchase the real estate alone or negotiate a package that includes the equipment, fixtures, inventory, and established business. ANOTHER 2,500 SQUARE FEET OF POTENTIAL UPSTAIRS! The second floor offers approximately 2,500 additional square feet with possibilities for future apartments, office space, studio space, storage, or other uses, subject to applicable approvals. Access would require construction of a new interior or exterior staircase, as the original exterior staircase was removed years ago. PRIME DOWNTOWN LOCATION! Situated along Illinois Route 16 with approximately 47 feet of road frontage, this property offers excellent visibility in the heart of Irving. Located next to Grandma's Kitchen and the Irving Post Office and across from Bank & Trust, the location provides an opportunity for a variety of commercial uses. WANT AN EVEN BIGGER OPPORTUNITY? The neighboring Grandma's Kitchen restaurant and gaming business, MLS #26057720, is ALSO AVAILABLE! The restaurant currently purchases meats and supplies from this grocery store, creating a natural connection between the two operations. Imagine owning both neighboring properties and combining a grocery store, butcher shop, restaurant, gaming operation, and additional upper-level space into one downtown business venture! HALF THE PRICE. HISTORIC CHARACTER. THOUSANDS OF SQUARE FEET OF POTENTIAL. AFTER MORE THAN 50 YEARS OF OWNERSHIP, THESE SELLERS ARE READY TO RETIRE! Don't miss this opportunity to bring new life to a longtime Irving landmark!

Additional Information

Taxes
$467
Flooring
Wood
Appliances
Built-In Freezer
Heating
Forced Air
Air Conditioning
Central Air
Foundation
Brick/Mortar

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Listing courtesy of MCR Realty Professionals, Inc.

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