4140 Broadway St - Office FOR SALE


Mount Vernon, IL 62864
$250,000 USD
618-201-9509
4140 Broadway St, Mount Vernon, IL for Sale
$250,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

4140 Broadway St
Mount Vernon, IL 62864


HIGHLIGHTS

  • High traffic at main intersection of 42nd and Broadway in Mt. Vernon, IL

OVERVIEW

Location couldn't get much better than this corner lot at Broadway and 42nd Street. The one-story office building over a walk-out basement has total square footage of approximately 2,400. Significant updates were made on the main level in 2018 including: new LED lighting, paint, flooring and fixtures. There is an open common area with reception desk and room for numerous workstations and waiting area. Two conference rooms flank the entry and are accented by glass block windows at the corners. The remaining five rooms on the main level are large enough to serve as private offices, multi-workstation space, file and/or copy room, additional conference rooms or whatever you choose. There is a kitchen/break room at the back with a mini-kitchenette for employees to grab some time away. One unisex bathroom serves the main level. The basement has four spaces that have previously been leased or used by the Seller and could provide income. There are two bathrooms for the basement. The building has dual-zone HVAC, one for each level. The basement walks-out to the rear parking lot where approximately 15 parking spaces are dedicated to the building. Another 7 parking spaces are along the east side and 4 in front. This has been a convenient, comfortable and easily accessible location for the Sellers for approx. 40 years. Make it yours for another forty or more.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$104 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

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,818 SF

ZONING

B-2

APN/PARCEL ID

06-25-351-030

ASK ABOUT THIS PROPERTY

Brian WoodCross Davidson Real EstateMore Info
618-201-9509

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Brian WoodCross Davidson Real EstateMore Info
618-201-9509

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