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618-277-4400

Office Investment Property

$149,900

Listing Resources

Listing Description

FULLY LEASED OFFICE BUILDING

Fully Leased Office Building for Sale. Call for Help has been a tenant since 2016 and Kaesberg Chiropractic has there for approximately 20-years.

New Gutters, Drip Edge, and Water Heater were installed in 2019. Roof was resurfaced in 2015 and new A/C units installed in 2013. Excellent cash flow.

Sale Price: $149,000
CAP Rate: 11.9%
NOI: $17,823

Listing Details

Settings
Listing No : 1157
Sale Or Lease : For Sale
Property Type(s) : Investment, Office, Office - General Office
Building Size (Sqft) : 3,030 Sqft
Lot Size (Acres) : 0.23 Acre(s)
Sale Price : $149,900
CAP Rate : 11.90%
NOI : $17,823
Building Total Sqft : 3,030 Sqft
Total Sqft Available : 3,030 Sqft
Office : 3,030 Sqft
Min Divisible Sqft : 1,073 Sqft
Max Contiguous Sqft : 3,030 Sqft
Parcel No : 02-20.0-103-054/053
Zoning : C-2 Central Business Dist
Zoning By : City of East St. Louis
TIF : Yes
Parking : 14
Parking Surface Type : Asphalt/Concrete
Property Tax : $4,014.46
Tax Year : 2018
Traffic Count : 6,600
Year Built : 1963
Rehab Year : 2015
Class : C
Clearance Min : 8 ft
Clearance Max : 8 ft
Roof : Flat
Exterior : Brick
Acres : 0.23 Acre(s)
Frontage : 116 ft
Depth : 87 ft

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