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618-277-4400

Fully Leased 5,400 SF Mixed Use Building for Sale

$120,000

Listing Resources

Listing Description

Investment Opportunity! Fully Leased Mixed-Use Building located on IL Route 159. 2 Story, 5,430 SF Storefront/Residential Property.
The Retail Establishment is occupied by the Barber College and contains 2 additional apartments. Tenants pay for all maintenance. Tenant 1 Occupies 2 Commercial Spaces and a 3 Bedroom/1 Bath Apartment.
Tenant 2 Occupies a 1 Bedroom Apartment.
Tenants pay utilities and maintenance.

Sale Price: $120,000
10% CAP Rate

Listing Details

Settings
Listing No : 2096
Sale Or Lease : For Sale
Property Type(s) : Investment, Retail, Retail - Freestanding, Retail - Store Front Retail
Building Size (Sqft) : 5,430 Sqft
Total Sqft Available : 5,430 Sqft
Sale Price : $120,000
Sale Price Per Sqft : $22.10
Building Total Sqft : 5,430 Sqft
Total Sqft Available : 5,430 Sqft
Office : 5,430 Sqft
Retail : 5,430 Sqft
Min Divisible Sqft : 5,430 Sqft
Max Contiguous Sqft : 5,430 Sqft
Parcel No : 08-21.0-419-017;018
Zoning : C-1
Zoning By : City of Belleville
Prior Use : Retail/Apartments
TIF : Yes
Parking : 20
Parking Surface Type : Concrete
Property Tax : $4,292
Tax Year : 2018
Traffic Count : 15,500
Year Built : 1857
Clearance Min : 9 ft
Clearance Max : 9 ft
Exterior : Brick/Siding
Floors : 2

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