500 Ohara Dr - Office FOR SALE


Troy, IL 62294
$1,375,000 USD
636-578-7627
500 Ohara Dr, Troy, IL for Sale
$1,375,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

500 Ohara Dr
Troy, IL 62294


HIGHLIGHTS

  • Strategically located in Troy, IL, with easy access to highways 55 and 70, offering excellent visibility and connectivity.
  • Three-building office park totaling 11,900 ft² of adaptable office space, suited for medical, professional, and commercial uses.
  • Great opportunity for an owner-user or investor
  • Located in the growing Madison County market, presenting strong potential for appreciation and tenant demand.
  • Commercial zoning allows a range of business applications, ideal for diverse tenant needs and investment stability.
  • 400 – 11,900 ft. available for lease.

OVERVIEW

This well-positioned office park in Troy, IL, includes three buildings—505 Buckeye, 500 Ohara, and 504 Ohara—offering a combined total of 11,900 ft² of versatile office space. Located conveniently near highways 55 and 70, the property ensures excellent accessibility and visibility, ideal for medical, professional, and commercial tenants. Zoned for a range of business uses, the office park features approximately 75 parking spaces to support tenant and client needs. Situated in the expanding Madison County market, this property presents a strong investment opportunity with promising tenant appeal and potential for appreciation.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Troy, IL Three Bedroom Office Complex

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

commercial

APN/PARCEL ID

09-2-22-05-20-402-040

ASK ABOUT THIS PROPERTY

Caleb AnthonisManor Real EstateMore Info
636-578-7627

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Caleb AnthonisManor Real EstateMore Info
636-578-7627

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