OFFICE SUITES! INCOME PROPERTY!

Office for Sale
Catylist Listing ID: 30455977
Property Subtypes: Executive Suites, Office Building
Building Size (RSF): 3,500 SF
Sale Price: $109,900
Unit Price: $31.40 PSF
Property Use Type: Investment, Business
Building Name: GANYMEDE PROFESSIONAL BUILDING
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2019

Overview / Comments

LOOKING FOR AN INCOME PROPERTY WITH GREAT RENTAL HISTORY? 6 OFFICE SUITES LOCATED IN HISTORIC, DOWNTOWN OREGON. RENTS RANGE BASED ON OFFICE SIZE BUT TOTAL EXCEEDS $1,400+/MONTH IN INCOME. THERE IS A SHARED LOBBY SPACE, RESTROOMS AND LOWER LEVEL FOR STORAGE. FRONT AND REAR ENTRANCE. TENANTS PAY THEIR OWN INTERNET/PHONE. 4 STALL PARKING AREA IS OWNED IN ADDITION TO THE MUNICIPAL PARKING LOT IN REAR OF BUILDING. LOCATED ON HIGHWAY 64 WITH GREAT VISIBILITY. LOCATED IN THE TIF DISTRICT. CALL TODAY FOR MORE INFORMATION ON THIS TURN KEY INVESTMENT PROPERTY!

Additional Details

Nearest MSA: Rochelle
County: Ogle
Tax ID/APN: 16-03-159-014
Zoning: COMMERCIAL
Property Visibility: Excellent
Highway Access: HIGHWAY 64
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,500 SF
Roof Type: Flat
Parking Type: Surface
Total Parking Spaces: 4
Heat Type: Natural Gas
Heat Source: Central
Internet Access: Cable, DSL, Satellite
Zoning Description: COMMERCIAL
Lot Frontage: 44
Lot Depth: 116
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,519 4,119 8,191
Median Age: 42.65 43.3 45.54
Households: 1,546 1,794 3,520

Contact

Photograph of Listing Agent

Rebecca Hazzard

RE/MAX of Rock Valley
ICEx Member
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