105 S State St - Office FOR SALE


Freeburg, IL 62243
$189,900 USD
618-304-7557
105 S State St, Freeburg, IL for Sale
$189,900 USD
Office - FOR SALE
1/23
null | 11% Cap Rate

105 S State St
Freeburg, IL 62243


OVERVIEW

Prime Downtown Freeburg Commercial Opportunity! Long term tenant rents upper floor apartment and looking to stay. This well maintained commercial building is in a highly visibile, high traffic, 11400 AADT in dowtown Freeburg has a flexible layout perfect for a variety of professional uses. Updated electrical, plumbing, windows, HVAC and roof. Office on lower level with 1/1 apartment on upper level with own accss and seperate utilites. The full basement is has ample storage and easy entrance. Two covered parking spaces along with an additional 4+ off- street paved parking spots for clients. Whether you are looking to invest or occupy this property checks all the boxes.

FOR SALE DETAILS

PRICE

$189,900 USD

PRICE/SF

$76 USD /SF

CAP RATE

11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,264 SF

ZONING

B-2

APN/PARCEL ID

14-20.0-322-017

ASK ABOUT THIS PROPERTY

Connie Stellhorn-SchanterStellhorn Realty, Inc.More Info
618-304-7557

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Connie Stellhorn-SchanterStellhorn Realty, Inc.More Info
618-304-7557

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.