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618-277-4400

28,000 SF Warehouse with 57 Income Producing Storage Units

$365,000

Listing Resources

Listing Description

Warehouse/Storage Facility Investment

28,000 SF Warehouse with 57 Storage Units on 1.6 Acres Available for Sale.
See Brochure for Investment Summary and Rent Roll (Storage Units)

Warehouse has 2,400 SF Office Space, Security Cameras, Fenced Yard with Electric Gate, LED Lighting upgrades, Drive-thru Doors with Automatic Openers, Back-in Loading Dock with Dock Leveler, and 6 Overhead Doors – (2) 8’x14′, (2) 12’x18′, (1) 10’x12′, & (1) 14’x17′. Located in an Opportunity Zone.

Reduced Sale Price: $365,000
NOI: $32,240
CAP: 8.83%
also for Lease: $2,900/Month, Gross

Listing Details

Settings
Listing No : 1981
Sale Or Lease : For Sale
Property Type(s) : Investment, Industrial
Building Size (Sqft) : 39,050 Sqft
Lot Size (Acres) : 1.60 Acre(s)
Total Sqft Available : 39,050 Sqft
Sale Price : $365,000
CAP Rate : 8.83%
NOI : $32,240
Building Total Sqft : 39,050 Sqft
Total Sqft Available : 39,050 Sqft
Office : 2,400 Sqft
Retail : 11,050 Sqft
Warehouse : 25,600 Sqft
Min Divisible Sqft : 39,050 Sqft
Max Contiguous Sqft : 28,000 Sqft
Truck Dock : 1
Dock Levelers : Yes
Drive-In Doors : 6
Drive-In Door Size : Varies
Men's Restroom : Yes
Women's Restroom : Yes
Parcel No : 22-2-19-13-20-401-005
Zoning : Warehouse Industrial Dist.
Zoning By : Granite City
Parking : 36
Parking Surface Type : Rock
Property Tax : $4,400
Tax Year : 2019
Year Built : 2004
Clearance Min : 8 ft
Clearance Max : 24 ft
Style : Metal
Roof : Steel
Exterior : Stell
Floors : 1
Acres : 1.60 Acre(s)
Frontage : 170 ft
Depth : 400 ft
Water Provider : Granite City
Water Provider Location : On Site
Sewer Provider : Granite City
Sewer Provider Location : On Site
Gas Provider : Ameren IL
Gas Provider Location : On Site
Electric Provider : Ameren IL
Electric Provider Location : On Site
AMPS : 800
Phase : 3
Gross Rental Income : $44,940
Insurance : $2,600
CAM : $2,000
Utilities : $1,700
Property Management : $2,000

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