1806 S Alpine Road - Office Building For Sale

Office for Sale
Catylist Listing ID: 30137198
Property Subtypes: Net Leased, Office Building
Building Size (RSF): 7,094 SF
Gross Land Area: 31,890 SF
Sale Price: $259,900
Unit Price: $36.64 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Building Name: 1806 S Alpine Office Complex
Class of Space: Class B
Usable Size (USF): 7,094 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 50
Last Updated: 12/9/2017

Overview / Comments

This is a multi-tenant office complex servicing four tenant spaces on the main level and two to three tenant spaces in the lower level. The building has been updated and has ample surface parking. It is located on a very high traffic street and has excellent visibility.

Real Estate Tax for 2016 - $9,062.78

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $9,062 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Rockford Township
Tax ID/APN: 12-32-251-001
Zoning: C2
Property Located Between: Newburg Road and Apple Orchard Lane
Property Visibility: Excellent
Highway Access: Bypass 20 or Business Hwy. 20.
Airports: Chicago Rockford International
Site Description: Single story office complex with ample on-site parking. Professionally landscaped. Entrances from the front and rear of the building.
Area Description: Mixed commercial, multi-family, retail and non-profit organizations.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Year Built: 1965
Year Renovated: 2013
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: Brick exterior, two doors for ingress and egress.
Parking Ratio: 8 (per 1000 SF)
Parking Type: Surface
Parking Description: On site blacktop parking.
Total Parking Spaces: 42
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Common hallway leading to four separate office spaces. Lower level includes 2-3 office spaces for tenants.
Zoning Description: C2 Commercial
Lot Frontage: 175.93
Lot Depth: 180
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple - Sandra Compos
Legal Description: THE APPLE ORCHARD BNG A SUB OF PT W 1/2 NE 1/4 SEC 32-44-2 ;PT 012

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,840 96,410 177,952
Median Age: 36.74 37.96 38.13
Households: 7,203 39,477 71,114

Contact

Photograph of Listing Agent

Tom Ewing CCIM CPM RPA MCR

KELLER WILLIAMS REALTY SIGNATURE ICEx Member
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