118 N 16th St - Industrial FOR SALE


Belleville, IL 62220
$475,000 USD
618-973-5507
118 N 16th St, Belleville, IL for Sale
$475,000 USD
Industrial - FOR SALE
1/15
null | Request Cap Rate

118 N 16th St
Belleville, IL 62220


OVERVIEW

11 contiguous parcels totaling 1.76 D-1 (Light Industrial) zoned acres. Improvements consist of a 2,550 SF shop building with 3-8' drive-in doors, 1 sliding door, and electric; 2 detached garages totaling 836 SF; a 1,800 SF office/shop building with private offices, storage, and 1-8' overhead door; and 2 office/residential buildings (1,800 SF & 900 SF). Yard space for trailer parking with a partially fenced area. Located a block south of West Main thoroughfare. Surrounding properties include residential and light/heavy industrial.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Building Light Industrial Property With

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.71

LAND SF

74,488

ZONING

D-1 Industrial

APN/PARCEL ID

08-21.0-301-001,08-21.0-301-002,08-21.0-301-004,08-21.0-301-005,08-21.0-301-008,08-21.0-301-017,08-21.0-301-018,08-21.0-301-019,08-21.0-301-022,08-21.0-301-023,08-21.0-301-025,08-21.0-301-027

ASK ABOUT THIS PROPERTY

Matt BarrigerBarberMurphy GroupMore Info
618-973-5507

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Matt BarrigerBarberMurphy GroupMore Info
618-973-5507

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