$345,500.00
Lincoln, IL 62656
Description
Great investment property for sale in Lincoln, IL. This third-floor business condominium is located on the south side of the vibrant downtown Lincoln square, at the SW corner of Pulaski St. and South McLean St. The floor is leased to, and fully occupied by a single tenant. The current tenant lease runs through March 2024, with a second 5-year renewal option available until 2029. Lots of natural light throughout the space with beautiful windows throughout and overlooking the Logan County Courthouse. This property offers great walkability to nearby restaurants and retail stores. The building is currently fully occupied with professional offices. Offered at a 9% cap rate - this property is priced to sell! Call Todd Smith 217-441-8000
Key Features
- Property Type Commercial Sale
- Acres Acres
- Minerals Call for more info
- MLS # CA1019684
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Listing #CA1019684 Courtesy of Todd Smith with Todd P Smith Real Estate. Office: 217-441-8000. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.