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628 Columbus Street Ottawa, IL 61350 Commercial - Retail New

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Description

This well-appointed office offering at 628-630 Columbus Street presents adaptable workspace tailored for investors seeking steady tenancy, or a mixed use redevelopment project. Excellent walkability to dining, personal and professional services, parks, courthouse, and retail establishments. The building provides thoughtful floor plans ideal for professional services or creative headquarters, with grand windows bathing interior offices in natural light and scenic Fox River views on the upper floors. Recent updates to mechanical systems complement the building's enduring masonry facade, while efficient layouts invite collaborative and private work areas. The property's main entry projects a distinguished presence, creating an immediate impression of quality. Investors will appreciate the low-maintenance envelope and the opportunity to lease to multiple tenants or flagship single-occupant users seeking a premium address. Available tenant spaces range in square footage from 100 to 5,000+ with 24/7 secure building access for tenants and after-hours visitors. The basement is large and spans the entire footprint of the building, offering storage options or even additional tenancy for fitness, events, tenant storage, or more. This property serves the community needs well as office space but could also be redeveloped as upscale apartments rich in history and a nod to the 1910's era the building was constructed. Sitting on a prominent 25,640-square-foot site, the building overlooks the business district with 150 feet of high-visibility frontage on Columbus Street, stretching all the way back to riverside frontage right along the Fox River. Spanning 36,400 total square feet above grade over five floors, the property features a highly flexible multi-tenant layout accessed by an interior stairway and two passenger elevators. The site also features a private, asphalt-paved parking lot accommodating approximately 42 vehicles-an absolute premium for downtown office, retail, service, or civic space under its versatile C-5 secondary central business district zoning. The current owners have executed a breathtaking, top-to-bottom renovation specifically engineered to honor and mimic the building's original 1914 footprint and aesthetic. From the moment you walk through the doors, you are enveloped in vintage luxury-featuring rich woodwork, period-accurate fixtures, and timeless details that make the building feel like a preserved piece of Ottawa's rich heritage. It strikes the perfect balance: the structural confidence and historic soul of the early 20th century, seamlessly integrated with the mechanical updates today's buyers demand. Nestled in historic Ottawa, IL, the area surrounding the property offers a blend of small-town charm and modern amenities. Nearby points of interest include Washington Square Park, Fox River, and Illinois and Michigan Canal State Trail, offering outdoor leisure and recreation. The thriving downtown area, just a short walk from

Property Highlights

Property Type: Commercial - Retail
Building Description: 5.0 stories
Year Built: 1914

General Information

County: LaSalle
Listed By:
Coldwell Banker Commercial Real Estate Group 630-844-2222
MRED MLS
$999,000
Est. $6,473/mo
New to the Market New
SQUARE FEET36,400 MLS#12688011
STATUSNew PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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628 Columbus Street, Ottawa, IL 61350.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $999,000$999,000$999,000
Down Payment $199,800$34,965$249,750
Monthly Mortgage Amount $4,792$5,960$6,172
Taxes $1390$1390$1390
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$599$0
Monthly Estimated Total $6,473$8,240$7,853

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