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101 Sebastian Dr 12,290 SF 100% Leased Industrial Building Gladstone, IL 61437 $199,900 ($16.27/SF)
Investment Highlights
- Three metal-sided buildings provide flexible space for a variety of commercial operations.
- Specialized equipment includes dip tanks, industrial ovens, and a 25-foot paint booth.
- Main building and auxiliary structures were constructed between 2000 and 2006.
- Multiple buildings are equipped with 240V and 480V three-phase power infrastructure.
- Approximately 4.89 acres offer room for outdoor operations, storage, or future improvements.
- Former race track area presents potential for redevelopment or alternative commercial uses.
Executive Summary
This commercial property in Gladstone, IL, offers approximately 4.89 acres and three metal sided buildings totaling over 12,290 square feet of space. Ideal for a variety of commercial uses, the property boasts significant infrastructure. Building 1 (40x80), constructed in 2000, features 240v 3-phase power. Building 2 (30x63), built in 2003, offers 480v 3-phase power. The main building (60x120), completed in 2006, also includes 240v 3-phase power. The property is equipped for specialized operations, including dip tanks, a large and small oven, and a 25' paint booth. Bring your vision for the former race track area and make a dream come true.
Sold as - is where is - seller will not be responsible for any further clean outs or clean up.
Sold as - is where is - seller will not be responsible for any further clean outs or clean up.
Property Facts
| Price | $199,900 | Lot Size | 4.89 AC |
| Price Per SF | $16.27 | Rentable Building Area | 12,290 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2006 |
| Building Class | C |
| Price | $199,900 |
| Price Per SF | $16.27 |
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 4.89 AC |
| Rentable Building Area | 12,290 SF |
| No. Stories | 1 |
| Year Built | 2006 |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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101 Sebastian Dr