251 N Center St - Office FOR SALE


Joliet, IL 60435- Cathedral Area
$1,295,000 USD
630-360-1196
251 N Center St, Joliet, IL for Sale
$1,295,000 USD
Office - FOR SALE
1/29
null | Request Cap Rate

NEW


251 N Center St
Joliet, IL 60435
Cathedral Area


HIGHLIGHTS

  • 16,300 SF office space with extra parking lot
  • 13,000+ vehicle per day exposure
  • 21 Offices, 3 Rec Rooms, Commercial Kitchen
  • Possible partial lease back, if desired

OVERVIEW

Presenting 251 North Center Street, a rare opportunity to purchase or lease a larger one-story office building with high visibility in Joliet. After years of diligent upkeep and renovation, this 16,300 SF building showcases attractive architectural details of 1932 construction without the negatives often found in an older structure. Zoned B-1 Neighborhood Business within the City of Joliet, this property will accommodate a wide range of office, medical, or retail users. Currently configured for 21 private offices, 3 spacious recreation rooms, a commercial kitchen with hood, and a fully finished basement with elevator access. Long home to Senior Services of Will County, the 16,300 SF building has been properly maintained with numerous big-ticket replacements and servicing including roof and HVAC systems. In addition to a parking availability for 40 vehicles on site, this offering includes an additional .48 acre parking lot and detached garage across Center St, giving a total of 78+ parking spots. Building is ADA accessible with multiple entrances including a main covered entrance with air curtain system. Conveniently positioned in a great Joliet area, a quarter mile west of downtown, half mile south of University of St. Francis, two blocks north of Jefferson, and 1.3 miles north of I-80. A front facing LED Monument capitalizes on the 13,000+ vehicles per day exposure on Center ST. This is a versatile and strategically positioned space for the growing company or investor. Some leaseback opportunities exist with current tenants but entire space is available to a new owner or tenant if desired. Don’t miss this opportunity- call for more information or schedule a private tour!

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

B-1

APN/PARCEL ID

30-07-09-315-015

ASK ABOUT THIS PROPERTY

Mike WaseenJohn Greene CommercialMore Info
630-360-1196

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Mike WaseenJohn Greene CommercialMore Info
630-360-1196

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