2 Terminal Dr - Office FOR SALE


East Alton, IL 62024
$100,000 USD
618-791-7663
2 Terminal Dr, East Alton, IL for Sale
$100,000 USD
Office - FOR SALE
1/2
null | Request Cap Rate

2 Terminal Dr
East Alton, IL 62024


HIGHLIGHTS

  • Five main level offices
  • Five lower level offices
  • Two private bathrooms
  • Zoning is airport zoning which allows a multitude of uses.

OVERVIEW

Built in 1981 with FULL BRICK exterior! 1201 Sq Ft main level with 5 offices and a half bath as well as 5 lower level offices and a 3/4 bath. Main level office sizes are 1 that is 12X9, 2 that are 12X10, 1 is 12X11 & another 17X12, as well as a 22X13 reception area! Lower level also has 5 offices 3 offices thats are 15X8, 1 that is 12X10, another 12'6"X 12'5, 2 more that are 14'8"X9. Also in lower level is a 3/4 bath & storage area 10X7. Building only for sale. There is a 99 year lease on the land. Building sets on airport property and operates under a long term lease with MU Witt Construction that expires on 6/11/2079 and is transferrable to the new owner. Current lease of land is roughly $2540 per year. The lease fee includes land, lawn care, landscaping maintenance and snow removal. Village of Bethalto requires no occupancy inspection but a Fire Safety Inspection is needed for occupancy. Zoning is airport Zoning which allows a multitude of uses.

FOR SALE DETAILS

PRICE

$100,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Suite 13

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Airport

APN/PARCEL ID

19-2-08-13-01-101-018

ASK ABOUT THIS PROPERTY

Jim ReppellRE/MAX AllianceMore Info
618-791-7663

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

Jim ReppellRE/MAX AllianceMore Info
618-791-7663

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