Under Contract

230 N Main Street

Columbia, IL 62236
4,480 sqft
$790,000
Photo of 230 Main Street Columbia IL 62236

Details

Prime investment opportunity in the heart of Downtown Columbia's thriving Main Street District! This offering includes a fully leased commercial building currently operating as a popular Mexican restaurant, generating $6,200/month in rental income through April 30, 2026, and a 2-bedroom home on a month-to-month lease, bringing in an additional $1,100/month. The main building boasts ample seating capacity, overhead garage doors for an inviting open-air dining experience, a full bar, spacious kitchen facilities, and multiple restrooms to accommodate high traffic. Situated in a bustling area with excellent visibility and foot traffic, this property is perfect for investors seeking a solid, income-producing asset. Don’t miss your chance to own a piece of Columbia’s dynamic downtown!

Specs

Type Commercial
Square Footage 4,480 sqft
Lot Size 0.48 acres
Taxes Paid $3,545

Lots & Building Features

Cooling Electric
Heating Forced Air
Parking Description Asphalt
Sewer Public Sewer
Tax Year 2022
Water Public

Room Details

Misc Description 2+ Lavatories

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Financing

$
20%
0.44873417721519%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Columbia
County Monroe-IL
Subdivision Gardner & Williams Add
Linda Frierdich, Century 21 Advantage