1200 Bissell St - Warehouse FOR SALE
Venice, IL 62090 |
$2,350,000 USD
610-761-9528
Mar '25
1200 Bissell St
Venice, IL 62090
HIGHLIGHTS
- Property currently leased at rates below market, providing an immediate opportunity to increase revenue through lease renewals s or new agreements.
- Of the 10-acre parcel, only 6 acres are currently utilized, leaving 4 acres available for potential development or additional income-generating uses
- $1.06 million in capital expenditures were invested between 2019 and 2021, enhancing the building’s infrastructure and long-term value.
- The building features 25 dock doors, 2 drive-in doors, and 24-foot clear heights, accommodating a wide range of industrial and logistical operations.
FOR SALE DETAILS
PRICE
$2,350,000 USD
PRICE/SF
$18 USD /SF
CAP RATE
11.27%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1940
UTILITIES
Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas
CLEAR CEILING HT
24 Ft
DOCKS
19
DRIVE INS
1
PARKING SPACES
10
LAND DETAILS
LAND ACRES
10.01
LAND SF
436,036
ZONING
I
APN/PARCEL ID
21-1-19-25-00-000-009
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610-761-9528
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610-761-9528
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