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1850 E Broadway 8,000 SF Office Building Alton, IL 62002 $244,286 CAD ($30.54 CAD/SF)
INVESTMENT HIGHLIGHTS
- Located in a HUB Zone
- Warehouse space with Drive In Door
- Single or Multi Tenant Owner/Investor Opportunity
EXECUTIVE SUMMARY
This two story building could have office/retail throughout or office/retail on the main floor front portion and potential storage/warehouse space in the back or office warehouse on first floor and an apartment on the second floor. There is a roll-up door with exterior ramp to drive in the back warehouse space. The second floor could be used for an apartment or additional office space. As an investor, you could have one to two commercial rental units on the first floor and an apartment on the second floor. As an retail operator you could use the first floor for retail and live on the second floor. There is handicap ramp access to the front office/retail entrance door. Average Daily Traffic count is 10,700 VPD. This is located in a HUB Zone.
TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2022) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built
1980
Price
$244,286 CAD
Price Per SF
$30.54 CAD
Building Height
2 Stories
Typical Floor Size
4,000 SF
Building FAR
1.07
Lot Size
0.17 AC
Zoning
Commercial - C-4
Parking
10 Spaces (1.25 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 23-2-07-13-12-201-034 | Total Assessment | $24,395 CAD (2024) |
| Land Assessment | $6,233 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $18,162 CAD (2024) | Tax Year | 2022 Payable 2023 |
PROPERTY TAXES
Parcel Number
23-2-07-13-12-201-034
Land Assessment
$6,233 CAD (2024)
Improvements Assessment
$18,162 CAD (2024)
Total Assessment
$24,395 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2022 Payable 2023
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1850 E Broadway
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