Building Available in Downtown Belvidere
Details
Details
Property Type: Mixed Use
Subtype: Investment
Tenancy: Multi
Number of Tenants: 2
Square Footage: 2,200
Price/Square Feet: $135.91
Cap Rate: 9.65%
Occupancy: 100%
NOI: $28,839
Zoning: CB
Broker Co-Op: Yes
Marketing Description
Investment Opportunity - 100% Leased
9.6% Cap Rate
Niko's Cabin - 1st Floor (Business not included in sale)
Residential Tenant: 2nd Floor
2,200 SF Building
Category
Enterprise Zone, Site
Location
506 South State StreetBelvidere, IL 61008
US
Financials
Sale Price: $299,000.00
Lease Price: --
Terms:
Sq. Ft.: 2200 - 2200
Acres: 0.00000000
Tax: --
Tax Year: --
Features
In City Limits
Building
Sub-dividable
Expandable
Land
Build To Suit
Shovel-Ready
Industrial Park
Business Park
100-Year Flood Plain
Phase 1 Environmental Audit Complete
Utilities
Water
Sewer
Electric
Natural Gas
High Speed Telecom
Transportation
Nearest Airport: 18 miles
Nearest Rail: 0.5 miles
Nearest Highway: 2 miles
Materials
Broker Info
Broker / Real Estate
Tim Billimack
Blue Chip Commercial Real Estate
Crystal Lake, IL
815-355-0196
_____________________________________________________________________________________________________________
Economic Development Contact:
Pamela Lopez-Fettes
Growth Dimensions
982 Belvidere Road
Belvidere, IL 61008
O: 815-547-4252
C: 815-355-2250
Posted On: 04-09-2024
Last Updated: 3 months ago
