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FLATOUT CONCRETE 1304 N Division St 7,453 SF 100% Leased Flex Building Pontiac, IL 61764 $395,000 ($53.00/SF)
Investment Highlights
- Heavy Daytime Traffic
- Just Off Route 66
- Turnkey Building
Executive Summary
This is a great business opportunity for someone looking for a turnkey building. There is a separate office rental space and separate dry storage bays. This building boasts approximately 7,450 square feet of usable shop and office space. The front office area is CURRENTLY RENTED UNDER A 1-YEAR CONTRACT AT $1,350 PER MONTH. Multiple heating and air-conditioned areas throughout. There are also multiple electrical panels on site. The blacktop parking lot was recently paved and is in great shape. Certain areas of the business are partitioned off for additional offices and work areas. There is a heavy-duty lift on site for overhead work. A storage loft above one of the bays will provide additional square footage. The current operating business does not come with 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 | $395,000 | Lot Size | 0.66 AC |
| Price Per SF | $53.00 | 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 | $395,000 |
| Price Per SF | $53.00 |
| 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
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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