3526 N California Ave - Office FOR SALE


Peoria, IL 61603
$400,000 USD
309-323-0399
3526 N California Ave, Peoria, IL for Sale
$400,000 USD
Office - FOR SALE
1/32
null | 9.75% Cap Rate

3526 N California Ave
Peoria, IL 61603


OVERVIEW

This fully leased, brick office building features 10 units and has been well maintained. The building is divided in two, with one side being a single story and the other having two stories. Recent major improvements include roof replacements in 2020 and 2021, parking lot in 2015, and HVAC systems as necessary - 4 updated since 2018. Tenants are on annual contracts and include professionals, nonprofits and service businesses. Rent rolls, leases and P&L statements available on request for qualified buyers. Showings will be approved only with an accepted letter of intent.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

9.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,500 SF

ZONING

CN

APN/PARCEL ID

14-28-428-001,14-28-428-002,14-28-428-003,14-28-428-004

ASK ABOUT THIS PROPERTY

Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

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Justin BallRE/MAX Traders Unlimited CommercialMore Info
309-323-0399

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