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Coachworks Building 140 Iowa Ave 9,114 SF Office Building Belleville, IL 62221 $250,000 ($27.43/SF)

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EXECUTIVE SUMMARY

Building is currently an office building but there could be multiple other redevelopment opportunities.
Zone D-2 Heavy Industrial

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,114 SF
Building Class
C
Year Built
1835
Price
$250,000
Price Per SF
$27.43
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,178 SF
Slab To Slab
9’
Building FAR
0.15
Lot Size
1.39 AC
Parking
17 Spaces (1.87 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

ABOUT 140 IOWA AVE , BELLEVILLE, IL 62221

Don't miss this opportunity to own a piece of history in downtown Belleville. Built in 1835 this office building has seen the past, present and now ready to see the future with a new owner. The building consists of 20 small and large office spaces situated on 2 floors totaling 7,876 square feet. In addition to the offices there are two kitchens, five restrooms and 1 conference rooms that can be utilized by all tenants. The building also has a security system with cameras as well as onsite parking. There are multiple tenants occupying the building which can give this investment property a huge value add opportunity or even beneficial to a owner user looking to receive some income potential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-22-0-409-021
Land Assessment
$6,935
Improvements Assessment
$96,399
Total Assessment
$103,334
  • Listing ID: 37150516

  • Date on Market: 3/30/2020

  • Last Updated:

  • Address: 140 Iowa Ave, Belleville, IL 62221

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