4777 E State St - Medical CONDO FOR SALE


Rockford, IL 61108- East Rockford
$169,000 USD
815-494-8505
4777 E State St, Rockford, IL for Sale
$169,000 USD
Medical CONDO - FOR SALE
1/40
null | 23.5% Cap Rate

4777 E State St
Rockford, IL 61108
East Rockford


HIGHLIGHTS

  • High Yield Opportunity per the Projected Cap Rate.
  • Abundance of parking right in front of office
  • Exterior maintenance (parking lot, snow removal, ect.) all handeled through association.
  • master office with own private door just a few feet from parking lot

OVERVIEW

Seller has successfully lease office space in the past but is currently using all of the space. CAP Rate is "projected cap Rate"

FOR SALE DETAILS

PRICE

$169,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

23.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Manhattan Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

7,833 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

C2

APN/PARCEL ID

12-29-276-002,12-29-276-012

ASK ABOUT THIS PROPERTY

Jesse LinczmaierRe/Max Professional AdvantageMore Info
815-494-8505

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Jesse LinczmaierRe/Max Professional AdvantageMore Info
815-494-8505

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