Crane Industrial Building plus Extra build-able Lot

Industrial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30043200
Property Subtypes: Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
Building Status: Proposed
Building Size (RSF): 24,480 SF
Gross Building Area: 25,080 SF
Gross Land Area: 82,497 - 165,000 SF
Sale Price: $750,000 - 900,000
Unit Price: $30.64 - 36.76 PSF
Ceiling: 26 ft. / 20 ft. Clear
Docks/Doors: 5 Doors
Office SF: 1,400 SF
Drive In Bays: 5 Bays
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback, Other
Last Updated: 8/5/2019

Overview / Comments

24,480 sq/ft Industrial space Plus extra 1.89 AC build-able Lot. Long term tenant that would like to stay. Lease to be negotiated with new owner and tenant prior to sale. Rent increase is anticipated. 7 Ton MEMAG Crain and 5 Ton MEMAG Crain building crain. Rear addition built in 2002 remodel done in 2006. Main Entrance on Central Ave and Rear entrance on another street. Owner is willing to do owner financing. Industrial building on one lot listed at $750,000 Plus Extra Lot listed at $150,000. Purchase both for $900,000

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 1110351023 & 1110351024
Zoning: I - 1
Market Type: Large
Road Type: Paved
Transportation: Bus, Rail, Highway, Airport, Taxi, Other
Highway Access: I90 & I 39 I90 Exit at Riverside Blvd
Airports: Chicago Rockford International Air port & Poplar Grove Air port
Site Description: 2 Large Industrial Lots. Total Ac 3.79 1 Lot is 1.89 AC with 24,480 Building with 7 ton and 5 ton MEMAG Crane. 1 Lot is 1.89 AC build able lot for expansion or New Business Included
Area Description: Rockford IL is the Hub of Northern Illinois.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 24,480 SF
Property Condition: Excellent
Year Built: 2002
Year Renovated: 2006
Construction/Siding: Metal Siding
Exterior Description: Front building is brick and block & Rear addition is Steal 5 overhead doors
Parking Ratio: 50 (per 1000 SF)
Parking Type: Surface
Overhead Cranes: 2
X-Phase: 3
Heat Source: Central, Ceiling Units
Air Conditioning: Other
Interior Description: 7 Ton MEMAG & 5 Ton MEMAG Crane. Quality control Room
Zoning Description: I-1
Lot Frontage: 300
Lot Depth: 538

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,909 76,424 164,569
Median Age: 31.68 34.73 36.57
Households: 4,361 29,608 64,271

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