Description
Three level, mixed used investment property. Seven apartments on top level with office space on the main & lower level. Located in a downtown area near dining, amenities, shopping, and more.
Office space: 6,858 sqft, 8 - 9 offices, 3 Conference rooms, Library/open conference rm, 11 plus secretarial/ file clerk stations, 2 file room areas, 5 restrooms, & Eat in kitchen. New carpet & paint in main areas 2015. Possibility of more division of space with separate entry.
Apartments: Six 1-bedroom/efficiency apartments, one 2-bedroom apartment. Extra lot for potential additional parking.
Cap Rate of 10%
Listed & Sold by Property Peddler, Inc
Brad Chandler ~ (618) 791-3289 ~ Auctioneer / Broker
Brenda Chandler (618) 201-3947 ~ Designated Managing Broker
P264 ~ Sold for $725,000 ~ 10/20/2021