415 W Main ST Active

Collinsville,IL 62234

$ 425000

- Bed

0 Bath

16242 SqFt


Key Details

Property Type Commercial

Sub Type Commercial & Indr.

Listing Status Active

Purchase Type For Sale

Square Footage 16,242 sqft

Price per Sqft $26

Subdivision Guernseys F J Add

MLS Listing ID 25018251

Year Built 1964

Building Age 61

Lot Size 0.396 Acres

Property Sub-Type Commercial & Indr.

Property Description

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&3 is a large parking lot with possible development opportunity (Parcel: 13-2-21-33-07-204-001,13-2-21-33-07-204-002). 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.

Location

State IL

County Madison-il

Zoning UCD

Interior

Heating Forced Air

Cooling Electric

Exterior

Utilities Available Cable Available,Electricity Available,Gas to Site,Water Available,Sewer Available,Phone Available

Roof Type Asphalt,Flat

Building

Sewer Public Sewer

Water Public

Structure Type Conventional

Others

Acceptable Financing Cash Only,Conventional

Listing Terms Cash Only,Conventional

Special Listing Condition No Exemptions,None

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