258 E Ferguson Ave, Wood River, IL 62095

$95,000

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List Price
$95,000
Days on Market
83
MLS#
26026092
Status
ACTIVE UNDER CONTRACT
Lot Size
3,123
Acres
0.07
Subdivision
Wood River Sub
County
Madison
Listing Type
Commercial

Property Description

Located on East Ferguson Avenue, this unique commercial property is packed with potential and ready for its next chapter! The unfinished main level offers a blank canvas for a variety of business opportunities and is already equipped with plumbing for a bathroom and mop sink, along with new drainage lines. Whether you envision retail, office space, a salon, café, studio, or another creative venture, the possibilities here are endless. What truly sets this property apart is the income-producing potential upstairs. The upper level features two separate 1-bedroom apartments, each with its own charm — one offering a full bath and the other a 3/4 bath. The units share a rear common area with stair access leading down to a spacious garage area accessible from the alley behind the building. The large roll door allows for plenty of clearance. Bring your vision to life and unlock this property’s full potential! This mixed-use investment opportunity has strong visibility, flexible space, and built-in rental income potential could become something really special in the heart of Wood River.

Additional Information

Selling Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Tarrant and Harman Real Estate and Auction Co.

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