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1051 S Wall St 13,999 SF 100% Leased Flex Building Carbondale, IL 62901 $1,099,088 CAD ($78.51 CAD/SF) 12.76% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 3 Story Brick and Concrete Building
  • Virtually Maintenance Free
  • Concrete Construction Built to Last
  • Excellent Condition-Recently Remodeled
  • Excellent Location Between All SIU Student Housing

EXECUTIVE SUMMARY

Amazing property! This 3 story brick and concrete building is in excellent condition after being recently remodeled. It is virtually maintenance free and built to last. 6,990 SF of remodeled retail space. 2,175 SF of Expandable Retail Space or Storage Area. 840 SF Separate Garage for Storage Space. 1,365 SF Separate Expandable Retail. 3,469 SF of Bottom Level Storage Space Space. Boutique hotel rentals provide good income: (3) studio apartments & one bath 400 SF each; (1) one bedroom and one bath 570 SF. Large common area is shared by all. There is also a detached garage that is leased out. Good investment for your own business in addition to the rental income.

PROPERTY FACTS

Price $1,099,088 CAD
Price Per SF $78.51 CAD
Sale Type Investment
Cap Rate 12.76%
Property Type Flex
Building Class C
Lot Size 1.39 AC
Rentable Building Area 13,999 SF
No. Stories 3
Year Built 1933
Parking Ratio 1.93/1,000 SF
Opportunity Zone Yes
Zoning SB

AMENITIES

  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-22-353-014
Land Assessment
$75,466 CAD
Improvements Assessment
$185,585 CAD
Total Assessment
$261,052 CAD
  • Listing ID: 32286698

  • Date on Market: 2024-06-28

  • Last Updated:

  • Address: 1051 S Wall St, Carbondale, IL 62901

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