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FLATOUT CONCRETE 1304 N Division St 7,453 SF 100% Leased Flex Building Pontiac, IL 61764 $415,000 ($55.68/SF)
INVESTMENT HIGHLIGHTS
- Heavy Daytime Traffic
- Just Off Route 66
- Turnkey Building
EXECUTIVE SUMMARY
This is an excellent business opportunity for anyone seeking a turnkey building. The property includes a separate office rental space and distinct dry storage bays, offering a total of approximately 7,450 square feet of usable shop and office space. The front office area is currently rented, along with a portion of the parking lot. The building features multiple heating and air-conditioned zones throughout, as well as several electrical panels on site. The blacktop parking lot has been recently paved and is in great condition. Certain areas of the building are partitioned off for additional offices and workspaces. There is also a heavy-duty lift available for overhead work. Additionally, a storage loft above one of the bays provides extra square footage. Please note that the current operating business is not included in the sale of the building.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$16,200
|
$2.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$16,200
|
$2.17
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $16,200 |
| Annual Per SF | $2.17 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $16,200 |
| Annual Per SF | $2.17 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $415,000 | Lot Size | 0.66 AC |
| Price Per SF | $55.68 | Rentable Building Area | 7,453 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1969 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | B-2 - Commercial B-2 | ||
| Price | $415,000 |
| Price Per SF | $55.68 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.66 AC |
| Rentable Building Area | 7,453 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Opportunity Zone |
Yes |
| Zoning | B-2 - Commercial B-2 |
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 15-15-15-451-005 | Improvements Assessment | $66,953 |
| Land Assessment | $9,620 | Total Assessment | $76,573 |
PROPERTY TAXES
Parcel Number
15-15-15-451-005
Land Assessment
$9,620
Improvements Assessment
$66,953
Total Assessment
$76,573
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Presented by
Joan Bullard Realty, Inc.
FLATOUT CONCRETE | 1304 N Division St
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