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208 S Johnson St - Old Spoon River College 50,491 SF Specialty Building Offered at $695,000 in Macomb, IL 61455
INVESTMENT HIGHLIGHTS
- Was a college, has lots of potential with over 50,000 sq ft.
- Possible uses, private school, senior living center, apartments, upscale condominiums, office complex/shopping center.
- Building very well maintained over the past 40 years by current owners, investing more than 7 times current asking price!
EXECUTIVE SUMMARY
Lots of space and lots of potential possibilities to the next owner of this property. Built and always used as a school this three-story brick building has just over 50,000 sq ft of space, large center hallways, multiple sized rooms, some large with tall ceilings, heating & cooling systems, fire system, elevator, six bathrooms with multiple stalls, shop area with garage, and parking for roughly 40+ cars plus some street parking. The building has been well maintained over the past 40 years by its current owners, investing more than seven times the current asking price. The possibilities for this building are great, a private school, senior living center, apartment complex, upscale condominiums, office complex, shopping center or both, city/county office space, the possibilities are endless, and the price is very affordable.
PROPERTY FACTS
| Price | $695,000 | Lot Size | 1.45 AC |
| Price Per SF | $13.76 | Building Size | 50,491 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Specialty | Year Built/Renovated | 1940/1984 |
| Property Subtype | School | Parcel Number | 11-400-123-05 |
| Building Class | C | ||
| Zoning | R3 | ||
| Price | $695,000 |
| Price Per SF | $13.76 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 1.45 AC |
| Building Size | 50,491 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1940/1984 |
| Zoning | R3 |
| Parcel Number | 11-400-123-05 |
AMENITIES
- Wheelchair Accessible
- Air Conditioning
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Walk Score®
Very Walkable (86)
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208 S Johnson St - Old Spoon River College
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