208 S Johnson St - Schools FOR SALE


Macomb, IL 61455
$695,000 USD
309-255-0646
208 S Johnson St, Macomb, IL for Sale
$695,000 USD
Schools - FOR SALE
1/43
null | Request Cap Rate

208 S Johnson St
Macomb, IL 61455


HIGHLIGHTS

  • Was a college, has lots of potential with over 50,000 sq ft.
  • Building very well maintained over the past 40 years by current owners, investing more than 7 times current asking price!
  • Possible uses, private school, senior living center, apartments, upscale condominiums, office complex/shopping center.

OVERVIEW

Lots of space and lots of potential possibilities to the next owner of this property. Built and always used as a school this three-story brick building has just over 50,000 sq ft of space, large center hallways, multiple sized rooms, some large with tall ceilings, heating & cooling systems, fire system, elevator, six bathrooms with multiple stalls, shop area with garage, and parking for roughly 40+ cars plus some street parking. The building has been well maintained over the past 40 years by its current owners, investing more than seven times the current asking price. The possibilities for this building are great, a private school, senior living center, apartment complex, upscale condominiums, office complex, shopping center or both, city/county office space, the possibilities are endless, and the price is very affordable.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$14 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Old Spoon River College

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R3

APN/PARCEL ID

11-400-123-05

ASK ABOUT THIS PROPERTY

Lorraine EppersonCentury 21 Purdum-EppersonMore Info
309-255-0646

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Lorraine EppersonCentury 21 Purdum-EppersonMore Info
309-255-0646

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