Description
Commercial Building with Apartment in Viola, Illinois Opportunity awaits in the heart of Viola! This former grocery store offers a spacious main level with an open layout, perfect for retail, restaurant, office, or service-based businesses. Bring your vision and transform this building to suit your needs! Highlights: * Previously a grocery store - flexible space for many business types * Great visibility in a small-town setting * Large open floor plan ready for customization * Extra Income Potential: Upstairs 3-bedroom apartment currently available for rent * Live where you work or lease out for additional cash flow This is an ideal property for an investor, entrepreneur, or anyone looking to start or expand their business while generating rental income.
Property Highlights
Property Type: Commercial - Retail
Year Built: 1953
General Information
County: Mercer
Listed By:
KW 1Advantage
563-345-6520
MRED MLS
MLS ID: 12583096
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1103 17th Ave Place, Viola, IL 61486.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $155,000 | $155,000 | $155,000 |
| Down Payment | $31,000 | $5,425 | $38,750 |
| Monthly Mortgage Amount | $743 | $912 | $950 |
| Taxes | $216 | $216 | $216 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $68 | $0 |
| Monthly Estimated Total | $1,059 | $1,296 | $1,266 |
About this area
About Viola
Viola, IL is a quiet town located a half-hour drive directly south of Davenport. At the intersection of 17th Avenue and 13th Street, there’s a small downtown area with a smattering of local businesses, including a BBQ restaurant, a coffeehouse, a salon, and a small grocery store. Miles Memorial Park—with a baseball diamond, several playgrounds, and picnic shelters—is a great place to expend some energy. Summers are glorious here, thanks to an abundance of lush greenery and blue skies punctuated by fluffy, white clouds. For living an unhurried life amid the splendor of rural Illinois, Viola is hard to beat.
Day-to-day living in this sleepy town is fairly quiet and uneventful. When the urge to enjoy some shopping, dining, or nightlife strikes, it’s easy to get to Davenport in the north or Galesburg in the south. A short drive to the waterfront town of New Boston gives access to all the wonders of the Mississippi River, where you can enjoy boating, fishing, and other activities.
Most of the real estate in Viola is located near the downtown area on tree-lined streets offering space and privacy. You’ll find a wide array of home types, especially well-maintained historical homes with all the fine details and unique character they’re renowned for.
If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Viola, IL. You can also contact us—we are here to help!