$425,000

514 State Street, Ottawa IL, 61350

Price per sqft$124.27

Built in1950

Property size3,420 sqft

Property typeCommercial

Listed by Thomas Templeton with Coldwell Banker Today's 815-228-9708

Overview

Active

Listed Apr 15, 2025

Updated 9 days ago

Prime commercial property available in Ottawa, IL, offering 3,420 square feet of versatile space ideal for a restaurant, office, or a variety of other business opportunities. Situated on a half-acre lot, the property features ample on-site parking with 30 spaces and includes handicapped-accessible entrances for convenience and compliance. The building showcases a durable combination of steel and wood construction, with a new rubber roof installed in 2017 and updated HVAC system from the same year. Brand new cooler and freezer September 2026. Additionally, the space is equipped with an Ansul fire suppression system, making it a turnkey option for food service operations. This well-maintained, high-visibility location offers excellent potential for investors and business owners alike.

Additional information

MLS^® ID: 12338557

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.49 Acres

Other Property Details

Taxes: $11,415
Tax Frequency: Annually

Listed by Thomas Templeton with Coldwell Banker Today's 815-228-9708

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