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618-277-4400

100,000 SF Warehouse for Sale

$1,250,000

Listing Resources

Listing Description

Warehouse for Sale – Value Add Investment Opportunity

100,000 SF Steel Framed Warehouse Р45,000 SF Occupied; 55,000 SF Available for Lease. 

Warehouse is situated on 10+ Acre Fenced Lot in the Olney Industrial Park. Building is equipped with 3 Phase, 220/480V, 2000 AMP Electric Service. Building is Sprinkled and Partially Air Conditioned. There are 7 Dock Doors (9’x10′); 5 with Levelers, (1) 12’x16′ Drive-In Door, 25′-30′ Ceiling Height, 30′ Bay Spacing, 6″ Concrete Floors. Building is Insulated, Ventilated and is equipped with Male/Female Restrooms, Compressed Air and Fluorescent Lighting.

Utilized for Warehouse/Distribution and located in a TIF District and Enterprise Zone.

Potential Owner/User Building with 55,000 SF Available to Buyer.

Sale Price: $1,250,000
Lease Rate: $2.50 per SF, NNN

Listing Details

Settings
Listing No : 2225
Sale Or Lease : For Sale
Property Type(s) : Investment, Industrial
Building Size (Sqft) : 99,900 Sqft
Lot Size (Acres) : 10.35 Acre(s)
Total Sqft Available : 99,900 Sqft
Sale Price : $1,250,000
Sale Price Per Sqft : $12.50
Building Total Sqft : 99,900 Sqft
Total Sqft Available : 99,900 Sqft
Office : 14,729 Sqft
Warehouse : 36,650 Sqft
Min Divisible Sqft : 55,000 Sqft
Max Contiguous Sqft : 99,900 Sqft
Truck Dock : 7
Truck Dock Size : 9'x10'
Dock Levelers : Yes
Drive-In Doors : 1
Drive-In Door Size : 12'x16'
Heating : Yes
Cooling : Partial Office
Insulated : Yes
Sprinklers : Yes
Lighting : Fluorescent
Men's Restroom : Yes
Women's Restroom : Yes
Ventilation : Yes
Compressed Air : Yes
Parcel No : 11-15-200-031
Zoning : M-2
Zoning By : City of Olney
Prior Use : Warehouse/Distribution
TIF : Yes
Enterprise Zone : Yes
Parking : 150
Parking Surface Type : Concrete/Asphalt
Property Tax : $32,590
Tax Year : 2018
Year Built : 1933
Clearance Min : 25 ft
Clearance Max : 30 ft
Bay Spacing : 30'
Style : Steel Frame
Roof : Metal
Exterior : Metal
Sprinklers : Yes
Floors : 1
Floor Type : Concrete
Floor Thickness : 6"
Water Provider : City of Olney
Water Provider Location : On Site
Sewer Provider : City of Olney
Sewer Provider Location : On Site
Gas Provider : IL Gas
Gas Provider Location : On Site
Electric Provider : Ameren IL
Electric Provider Location : On Site
AMPS : 2000
Phase : 3
Low Volts : 220
High Volts : 480
Telecom Provider : AT&T
Telecom Provider Location : On Site
Interstate : Hwy - IL 50

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