10331 N Main St, Richmond IL 60071 | 10331 Route 12
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10331 N Main St, Richmond IL 60071 10331 Route 12
11,000 SF 100% Leased Office Building Richmond, IL 60071 $394,000 ($36/SF) 7.32% Cap Rate
Investment Highlights
- Stabilized Long Term Tenants
- Separately Metered for Utilities
- Gross Leases
- Historic Downtown Location
Executive Summary
Charming 2-unit Retail building for sale in the heart of downtown Richmond. 100% Leased. Divisible to three units. Below Market Rents providing significant upside on renewal. Broker Owned.
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
11,000 SF
Building Class
C
Year Built
1895
Price
$394,000
Price Per SF
$36
Cap Rate
7.32%
NOI
$28,827
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,667 SF
Building FAR
1.49
Lot Size
0.17 AC
Zoning
Commercial - Commercial Zoning
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PROPERTY TAXES
| Parcel Number | 04-09-334-008 | Improvements Assessment | $93,189 |
| Land Assessment | $41,456 | Total Assessment | $134,645 |
PROPERTY TAXES
Parcel Number
04-09-334-008
Land Assessment
$41,456
Improvements Assessment
$93,189
Total Assessment
$134,645
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Presented by
Industrial Ventures LLC.
10331 N Main St, Richmond IL 60071 | 10331 Route 12
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