415 W Main St - Medical FOR SALE


Collinsville, IL 62234
$425,000 USD
618-972-2430
415 W Main St, Collinsville, IL for Sale
$425,000 USD
Medical - FOR SALE
1/27
null | Request Cap Rate

415 W Main St
Collinsville, IL 62234


HIGHLIGHTS

  • Strong traffic counts
  • Development Potential
  • Great Construction Materials

OVERVIEW

Incredible opportunity for owner occupier medical/office building and/or great investment property. Parcel 1 consists of three buildings (Parcel: 13-2-21-33-11-2-1-015), and parcel 2 is a large parking lot with possible development opportunity (Parcel: 13-2-21-33-07-204-001). Three buildings on parcel 1 include a beautiful mid century modern office space 417-419 W Main (2,640 Sq. ft.), a two-story medical building 415 W Main (11,170 Sq. Ft.) and a residential duplex 101 Guernsey St. (2,432 Sq. Ft). 415-417 W Main is fully occupied, 101 Guernsey St. is fully occupied, 415 W Main has four (4) remaining medical office suites available to occupy or rent. This property has a lot of offer the buyer/investor from: Substantial rental rate increases, excellent downtown/central location, development potential of parking lot parcel, to filling vacancies creating strong positive cashflow.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

415 West Medical Bldg

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

UCD & B2

APN/PARCEL ID

13-2-21-33-07-204-001,13-2-21-33-07-204-002,13-2-21-33-11-201-015

ASK ABOUT THIS PROPERTY

John HughesHughes Group LLCMore Info
618-972-2430

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John HughesHughes Group LLCMore Info
618-972-2430

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