315-565-8302
111 W Lincoln St, Belleville, IL for Sale
Office - FOR SALE
1/20
null | Request Cap Rate

111 W Lincoln St
Belleville, IL 62220


HIGHLIGHTS

  • 111 W Lincoln Street was previously occupied by an optometrist’s office and now offers upside opportunity to build-out per new business operations.
  • Capital improvements to the shell interior are supported by St. Clair County’s Tax Increment Financing (TIF) and Enterprise Zone.
  • Investment opportunity to lease to the market on NNN terms and offer enticing Tenant Improvement (TI) plans for immense upside potential.
  • Layout of the 6,557-square-foot building includes 4,464 square feet on the first floor and 2,093 square feet on the second floor.
  • Second-floor build-out is ideal for additional offices and storage space to support the main-level operations below, enhancing business flexibility.
  • Absolute auction | Starting bid $1.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Professional/Medical Upside in TIF Zone

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C-2

APN/PARCEL ID

08-21.0-448-019,08-21.0-448-025

ASK ABOUT THIS PROPERTY

Aidan CleghornBellCornerstoneMore Info
315-565-8302

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

Aidan CleghornBellCornerstoneMore Info
315-565-8302

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