Investment Opportunity - Fully Leased Office Building
$260,000
Listing Resources
Listing Description
Investment Opportunity
Fully Leased Office building located on Route 159 (N Illinois) In Fairview Heights.
Located in a High Traffic/Visibility location with 27,000 ADT. Remodeled 2019.
Sale Price: $260,000
CAP Rate: 9%
Listing Details
Listing No : 2181
Sale Or Lease : For Sale
Property Type(s) : Investment, Office
Building Size (Sqft) : 1,716 Sqft
Total Sqft Available : 1,716 Sqft
Sale Price : $260,000
CAP Rate : 9%
Building Total Sqft : 1,716 Sqft
Total Sqft Available : 1,716 Sqft
Direct Lease : 816 Sqft
Office : 1,716 Sqft
Min Divisible Sqft : 816 Sqft
Max Contiguous Sqft : 1,716 Sqft
Parcel No : 03-33.0-207-031
Zoning : B-2
Zoning By : Fairview Heights
Prior Use : Office
Parking : 16
Parking Surface Type : Asphalt
Property Tax : $3,703
Tax Year : 2020
Traffic Count : 27,000
Year Built : 1949
Rehab Year : 2019
Clearance Min : 8 ft
Clearance Max : 8 ft
Style : Wood Frame
Roof : Shingle
Exterior : Siding
Floors : 1
Siding : Vinyl
Frontage : 90 in
Depth : 150 in
Interstate : I-64
Airport : St. Louis MidAmerica
-
John L.
Eichenlaub
- Office: 618-277-4400 Ext. 15
- Mobile: 618-570-8344
- johne@barbermurphy.com