241 Oswald Ave - Flex CONDO FOR SALE


Batavia, IL 60510
$700,000 USD
630-514-0180
241 Oswald Ave, Batavia, IL for Sale
$700,000 USD
Flex CONDO - FOR SALE
1/30
null | Request Cap Rate

NEW


241 Oswald Ave
Batavia, IL 60510


HIGHLIGHTS

  • extensive electrical outlet configuration in the northeast corner of the warehouse, originally designed to accommodate a computer-related business, wi
  • ample parking
  • water hookups in unit

OVERVIEW

Exceptional owner-user opportunity in Batavia's Fox Valley Business Park! Offering 5,628 SF of versatile industrial/flex space, this well-positioned condominium provides a functional combination of warehouse, office and support space suitable for a variety of light industrial and business uses. The layout includes expansive warehouse/work space, conference room/kitchen area with water hook up for dishwasher, 3 private restrooms and access to 2 shared loading docks with 14-foot-high overhead doors. A unique feature is the extensive electrical outlet configuration in the northeast corner of the warehouse, originally designed to accommodate a computer-related business, with outlets spaced approximately 5 feet apart-ideal for businesses with significant workstation, technology or equipment needs. The warehouse also includes a water hookup for added flexibility. Additional features include approximately 10'4"-10'8" interior clear height, 2 recently serviced HVAC units, 2 water heaters, 2 electric accounts and a 7-camera security system with 2K resolution and sound(will need subscription from ADS). Refrigerator, approximately 1 year old, is included. A significant recent building improvement is the 50-mil reinforced PVC roof installed in March 2023 with a 20-year warranty, along with new gutters, downspouts, flashing and roof penetrations. Association fees cover extensive exterior maintenance and common-area services, including the roof, building exterior, parking areas, landscaping and snow removal. Located within an established industrial condominium complex with 36 common parking spaces and Light Industrial (LI) zoning through the City of Batavia. Conveniently located near Route 56 and Route 38, with I-88 access approximately 4 miles away. An outstanding opportunity to own your business location, build equity and gain long-term stability. For sale only-no lease option.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

5,268 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,358 SF

ZONING

I-1, Batavia

APN/PARCEL ID

12-27-278-016,12-27-278-017

ASK ABOUT THIS PROPERTY

Mark BatinickRE/MAX CommercialMore Info
630-514-0180

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Mark BatinickRE/MAX CommercialMore Info
630-514-0180

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