Prime hard corner location for sale in the City of Woodstock, IL. Existing Marathon Gas Station with 2,413 SF convenience store situated on 0.77 acres at the hard NEC of Route 47 (Eastwood Drive) & Lake Avenue. Considered to be one of the busiest intersections in Woodstock with over 22,000 VPD. Property is being sold based on Real Estate Value (not business value). Ideal location for existing gas station/convenience store operators, retailers, restaurants, or developers looking for commercial redevelopment opportunities. Current building dimensions of 26' x 92' work well for many retail/fast food prototypes. Stoplight Controlled Intersection with full access on both Route 47 and Lake Avenue. Potential to acquire adjacent property (1.33 acres) for up to 2.10 acres redevelopment. The subject site is located in a TIF District with various economic incentives available. A long term ground lease/lease may be considered with strong credit tenants.
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Courtesy: Blue Chip Commercial Real Estate
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