701 Monroe Ave - Office FOR SALE


Charleston, IL 61920
$109,000 USD
217-232-1115

NO PHOTO

$109,000 USD
Office - FOR SALE
null | Request Cap Rate

701 Monroe Ave
Charleston, IL 61920


OVERVIEW

This premier, well-maintained two-story commercial building offers an exceptional investment opportunity in the heart of downtown Charleston. Spanning two expansive levels, the property features a highly functional main floor equipped with nine individual offices, a welcoming reception area, a dedicated file room, an employee kitchen, two restrooms, a large meeting room, and its original historic bank vault. The sun-drenched upper level boasts twelve additional offices and a spacious central boardroom, all framed by large windows that offer picturesque, unobstructed views of the historic courthouse square. Retaining its grand architectural heritage as a former bank, the building hides a magnificent 12-foot tray ceiling above the current suspended tiles, just waiting to be restored to its original glory. Practical amenities include a partial basement that serves as a storm shelter and utility hub, alongside a highly coveted, 10-space private parking lot located at the opposite end of the block. Whether you choose to maintain it as a multi-suite executive office, convert the upstairs into a premium Airbnb, or remove the lower-level partitions to create a massive retail showroom or antique mall, this versatile property is priced to sell and ready for your vision.

FOR SALE DETAILS

PRICE

$109,000 USD

PRICE/SF

$17 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

COM

APN/PARCEL ID

02-1-02803-000

ASK ABOUT THIS PROPERTY

John InyartTCI Realty, LLCMore Info
217-232-1115

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John InyartTCI Realty, LLCMore Info
217-232-1115

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