408 S Neil St - Industrial FOR SALE


Champaign, IL 61820- Downtown Champaign
$2,500,000 USD
217-403-3424
408 S Neil St, Champaign, IL for Sale
$2,500,000 USD
Industrial - FOR SALE
1/1
null | Request Cap Rate

408 S Neil St
Champaign, IL 61820
Downtown Champaign


HIGHLIGHTS

  • Flexible Space
  • Central Location

OVERVIEW

408 S. Neil Street is a ±17,170 SF commercial facility situated on approximately 1.36 acres. The building consists of ±7,754 SF of office space (±4,784 SF on the first floor and ±2,970 SF on the second floor) and ±9,416 SF of garage/warehouse space. The warehouse offers clear heights ranging from 13’3” to 15’2” and is equipped with three (3) 12’6” H x 13’ W drive-in doors, three gas-fired unit heaters, and an integrated vehicle exhaust ventilation system designed for fleet or service operations. The office area includes 13 private offices, a large open work area, conference room, break room, and four restrooms. The second floor is accessible via two stairwells and an elevator. The building is served by 600 Amp, 208/120V, 3-phase electrical service with multiple distribution panels, as well as an on-site standby generator supporting critical circuits. The property includes 69 striped parking spaces, with additional land area suitable for expanded parking or outdoor storage/laydown.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$146 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

OFFICE & WAREHOUSE BUILDING FOR SALE

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

1.36

LAND SF

59,242

ZONING

CB1

APN/PARCEL ID

43-20-13-226-023

ASK ABOUT THIS PROPERTY

Josh Markiewicz, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3424

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Josh Markiewicz, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-403-3424

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