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618-277-4400

Downtown Owner/User Office/Retail Building with fully leased 2nd story

$175,000

Listing Resources

Listing Description

The property features 1,200 SF office/retail space with an open floor plan, 3 bay sink, grease trap, and bathroom. The 2nd story has two fully leased apartments. The 760 SF back unit is a one bedroom/ one bath; with a rental income of $700. Capital improvement include a new hot water tank in 2018 and painted in 2022. The 570 SF front unit is a one bedroom/one bath; with a rental income of $625. Capital improvements include a new refrigerator and bathroom update in 2022, walls painted and floor refinished in 2021 and a new stove in 2024. Roof was resurfaced with flex-seal in 2022. 

The office/retail space is situated in Downtown Belleville, IL, on West Main Street, surrounded by the local conveniences and amenities of Main Street. Downtown Belleville is a vibrant area with a variety of shops, restaurants, cafes, and entertainment venues, providing a perfect blend of work and leisure for those who work, live and visit the area.

Sale Price: $175,000

Listing Details

Listing No : 2886
Sale Or Lease : For Sale
Property Type(s) : Investment, Office, Office - General Office, Retail - Freestanding
Building Size (Sqft) : 2,400 Sqft
Lot Size (Acres) : 1 Acre(s)
Sale Price : $175,000
Building Total Sqft : 2,400 Sqft
Total Sqft Available : 1,200 Sqft
Office : 1,200 Sqft
Retail : 1,200 Sqft
Min Divisible Sqft : 2,400 Sqft
Max Contiguous Sqft : 2,400 Sqft
Parcel No : 08-21.0-327-016
Zoning : C-2
Prior Use : Bakery
Parking : Rear Parking and Street Parking
Property Tax : $3,629
Tax Year : 2022
Traffic Count : 9,000
Topography : Flat
Year Built : 1900
Rehab Year : 2024
Clearance Min : 8 ft
Clearance Max : 12 ft
Roof : Resurfaced with flex-seal 2022
Exterior : Brick
Floors : 2
Acres : 1 Acre(s)
Frontage : 58 ft
Depth : 98 ft
Interstate : I-64 (6 miles)
Airport : St. Louis Airport

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