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501 Commerce Drive Savoy, IL 61874 Commercial - Retail Active

  • 501 Commerce Drive, Savoy, IL 61874 Main Photo

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Description

Now Available For Sale & Lease - Prime Commercial Space on Commerce Dr. in Savoy! Excellent investment and leasing opportunity in a thriving Savoy location! This well-maintained shopping center features two separate buildings with a mix of established tenants, including Domino's and El Rancho Grande. Currently, three commercial spaces are leased, with 3,365 SF available for lease. The available space can be demised for multiple tenants and offers the potential for a drive-through, providing great flexibility for office, retail, or restaurant use. Located just off US-45 and behind Aldi, this property benefits from strong visibility, easy accessibility, and steady traffic flow. The site offers a well-lit parking lot, convenient access from surrounding streets, and sits within a high-end commercial corridor surrounded by national and regional retailers. The property is zoned C-1 (Neighborhood Commercial), allowing for a wide range of business uses. View it today!

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 2019
Lot Size: 1.30 acres

General Information

County: Champaign
Listed By:
Green Street Realty
MRED MLS
$1,850,000
Est. $11,752/mo
Active
SQUARE FEET10,000 MLS#12559173
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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501 Commerce Drive, Savoy, IL 61874.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,850,000$1,850,000$1,850,000
Down Payment $64,750$0$370,000
Monthly Mortgage Amount $10,745$11,179$8,637
Taxes $2575$2575$2575
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,109$0$0
Monthly Estimated Total $14,969$14,294$11,752

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