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618-277-4400

Investment Property - Fully Leased Office/Retail Center

$675,000

Listing Resources

Listing Description

Investment Opportunity

Fully Leased Office/Retail Center at the corner of Lebanon Ave. & Old Collinsville Rd. in Belleville.

Mixed-Use Investment Property Office/Retail Center and Self-Storage Units

Reduced Sale Price: $675,000

Listing Details

Settings
Listing No : 2146
Sale Or Lease : For Sale
Property Type(s) : Investment
Building Size (Sqft) : 9,303 Sqft
Sale Price : $675,000
Sale Price Per Sqft : $57.97
CAP Rate : 9.20%
NOI : $62,371
Parcel No : 08-14.0-105-028
Zoning : C-2 Heavy Commercial
Zoning By : City of Belleville
Property Tax : $20,152
Tax Year : 2021
Year Built : 2003
Clearance Min : 12 ft
Clearance Max : 12 ft
Exterior : Brick/Block
Floors : 1
Acres : 0.91 Acre(s)
Frontage : 209 ft
Gross Rental Income : $88,164
Insurance : $2,641
CAM : $3,000

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