REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Maggie Pitcherof GUTH & ASSOCIATES,LLC
$ 350,000
Est. payment /mo
Active
101 S Third Street Fisher, IL 61843
8,657 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 8,657 sqft
Price per Sqft $40
MLS Listing ID 12595426
Year Built 1902
Annual Tax Amount $2,824
Tax Year 2024
Lot Dimensions 92.5x100
Property Sub-Type Retail/Stores
Property Description
Positioned along Third Street, the primary north-south corridor through downtown Fisher, this historic two-story mixed-use commercial building offers a unique opportunity for investors or owner-users seeking presence in the heart of a small-town business district. Surrounded by a blend of local retail, service businesses, offices, and nearby residential neighborhoods, the property benefits from consistent community traffic and convenient municipal street parking. Originally constructed in 1902 with an expansion completed in 1946, the building contains approximately 8,657 square feet on the main level and an additional 3,370 square feet on the second floor. The upper level has been stripped to the studs and remains unfinished, currently used for storage but presenting a strong opportunity for future redevelopment, office suites, residential conversion, or expansion of commercial space. The building sits on an approximately 9,250-square-foot parcel and includes a mix of occupied suites and flexible common storage areas. Existing tenants provide immediate rental income, while the vacancy left by the former Ingold's Meat and Deli operation creates potential for repositioning or owner occupancy. The property is equipped with forced warm-air natural gas furnaces with central air conditioning, an intrusion alarm system, and multiple specialty improvements including two walk-in coolers and one walk-in freezer. The roof system includes a lower roof replaced approximately six years ago and an upper roof estimated at 25 years old. The foundation consists of a combination basement and crawl space, and a small overhead door at the rear provides convenient loading access for storage or service use. All utilities are currently metered together and included in tenant rents, and the property includes shared storage space behind the suites used by existing tenants.
Location
State IL
County Champaign
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.