Investment Opportunity - Fully Leased Office/Retail Center
$750,000
Listing Resources
Listing Description
INVESTMENT OPPORTUNITY
Fully Leased 6,144 SF Office/Retail Center in Columbia IL. Current tenants include ChiroPro, PKF Donuts, 2HE and Peach Pilates.
New Roof and Asphalt in 2024. Financials available upon request.
Located near the intersection of South Main St. and IL Route 3 in Columbia next to DQ Chill & Grill.
Sale Price: $750,000
CAP Rate: 8.45%
Listing Details
Listing No : 919
Sale Or Lease : For Sale
Property Type(s) : Investment, Office, Office - General Office, Retail, Retail - Store Front Retail
Building Size (Sqft) : 6,144 Sqft
Total Sqft Available : 6,144 Sqft
Sale Price : $750,000
Sale Price Per Sqft : $122.07
CAP Rate : 8.45%
NOI : $63,348
Parcel No : 04-22-150-008-000
Zoning : B-2
Parking : 48
Parking Surface Type : Asphalt
Property Tax : $16,416.64
Tax Year : 2024
Traffic Count : 7,500
Year Built : 2000
Rehab Year : 2016
Class : B
Clearance Min : 8 ft
Clearance Max : 8 ft
Exterior : Block-Frame, Stone Block
Acres : 0.85 Acre(s)
Frontage : 276 ft

-
Tony
Smallmon
- Office: 618-277-4400 Ext. 18
- Mobile: 618-407-4240
- tonys@barbermurphy.com