1716 E Hamilton Rd - Storefront FOR SALE
Bloomington, IL 61704 |
$2,300,000 USD
510-847-0853
1716 E Hamilton Rd
Bloomington, IL 61704
HIGHLIGHTS
- The property consists of 13,465 SF situated on 1.43 acres, offering a highly functional industrial outdoor storage configuration with yard exposure.
- Improvements include 4,703 SF of warehouse, 5,020 SF of shop/parts, and 3,742 SF of retail/office, providing flexibility for equipment dealers.
- The property fronts E Hamilton Road, which is currently undergoing a major widening and connectivity project.
- Bloomington is a stable Central Illinois market with a population of approximately 79,000 residents and has been recognized as a Top 25 Best Places.
- Strategically located between Peoria, 40 miles to the west, Springfield, 65 miles to the southwest, and Champaign, 50 miles to the east.
- Offered at $2,300,000 (5.20% CAP) on in-place income, the property provides investors the ability for immediate cash return with a mark-to-market.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 13,465 SF Hamilton Road Industrial Outdoor Storage (IOS) property located at 1716 E Hamilton Road in Bloomington, Illinois. The property sits on 1.43 acres and features a highly functional IOS configuration with yard exposure, multiple roll-up doors, and clear heights up to 18 feet, making it well-suited for a variety of industrial and service-oriented uses. Its layout supports both indoor and outdoor operational needs, a key driver of demand within today’s industrial market.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$2,300,000 USD
PRICE/SF
$171 USD /SF
CAP RATE
5.2%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hamilton Road IOS - Bloomington, IL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Distribution, Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.43 AC
LAND SF
62,291 SF
ZONING
-
APN/PARCEL ID
21-15-254-009
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510-847-0853
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510-847-0853
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