Excellent investment opportunity in downtown Calhoun offering an established commercial location with multiple potential income-producing spaces and the opportunity to separately acquire the currently operating McLean County Fitness business. LIST PRICE IS FOR REAL ESTATE ONLY. MCLEAN COUNTY FITNESS (BUSINESS AND FF&E) ARE AVAILABLE FOR PURCHASE SEPARATELY. The property is configured into three suites, providing flexibility for an owner-occupant, investor, or combination of both. Suite #1 consists of approximately 5,076 SF+/- and is currently occupied by McLean County Fitness. Suite #2 offers approximately 2,257+/- SF and is currently utilized for speed and agility training. A temporary partial wall separates Suites #1 and #2, providing the potential to combine the spaces for a larger contiguous area. Suite #3 contains approximately 1,399+/- SF of professional office space with the ability to provide additional rental income. Convenient parking is available with access from both 1st Street and Poplar Street. The property is centrally located in downtown Calhoun next to Jay’s Drive-In. The current owner has completed a number of improvements and updates to the property, including HVAC units, gutters, rubber and turf flooring, metal ceiling covering, blown-in insulation, office furniture (Suite #3), and a keyless smart door-lock system (Suite #1). With multiple suites, recent property improvements, and the opportunity to separately acquire an operating fitness/gym business, this property offers a unique combination of investment income, owner-user potential, and future flexibility in the heart of Calhoun.