Posted on June 3, 2022 / 348Listing ID: 355362APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $399,000
Size : 3,290
Lot Size (Acres) : 0.93
Cannabis or Hemp Use Allowed? : Cannabis, Cannabis and/or Hemp
City Tax Rate : 17.936
Year Built : 1975
Utilities : Water, Electricity, Gas, Sewer, Natural Gas
Sale Type : Cash, Financing, Owner Financing, Joint Venture
Company Name : Baird & Warner
Phone : 7089456539

The Subject 3,290 Sq Ft Well-Built Brick and Concrete Building is a Stand-Alone Former Bank Branch with a Drive-thru Window. The B-1 zoned location is ideal for use as a Recreational Dispensary, medical office, pharmacy, retail store or professional office. Features include a US bank grade VAULT, night drop safe, large US bank grade fireproof records room, several conference/meeting/ office rooms and 33 parking spaces. There is a fully finished 3,000 SF BASEMENT with 2 staircases and an ELEVATOR. The ADA and building code compliant property has a current retail Certificate of Occupancy. *The seller is willing to guarantee a Recreational Dispensary use as a condition precedent of the sale. *Seller/lessor guarantees as a condition precedent to the lease/sale that the property does not violate any radius rule and the City of Chicago Heights supports fully the property’s use as a recreational dispensary. *Seller will credit buyer at closing all code required dispensary build-out costs to include enclosing the rear drive-thru teller lane with automatic garage doors, fulfilling the state requirement for enclosed delivery unloading. *For buyers negatively impacted by the US Senate’s failure to pass S.A.F.E., the seller may entertain creative financing and/or profit sharing in trade for building ownership. * Located near the busy high traffic intersection of Dixie Hwy and Joe Orr Rd., the property is close to the famous Crossroads of the Nation. * Current bank branch real estate taxes should qualify for a reduction as a retail reclassification in 2021. * Available for rent ($12NNN) or purchase.

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Cannabis & Hemp Banking
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