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Professional Office/Retail Building 211 Madison Ave 2,539 SF Office Building Wood River, IL 62095 $225,000 ($88.62/SF)
Executive Summary
Professional office/retail building for sale on the main thoroughfare in Wood River, IL. (Route 143) with approximately 12,300 cars per day. Interior office area consists of reception area; 5 offices; Conference Room and Kitchen area. 2 Bay Drive Thru. The City of Wood River Police Station Facility is across street. The building is approximately 2,539 SF and an all-brick structure. It is currently operating as an Urgent Care facility (formerly a bank). Could potentially be used for a salon, dental office, general medical, professional office space, or specialty retail. Currently configured with a large reception and entry area, three exam rooms, three separate offices, two utility rooms, and two ADA-compliant restrooms. Please refer to the attached Floor Plan for details. The building includes a covered drive-thru. Asphalt parking lot with 19 spaces.
Excellent frontage on Madison Avenue (Highway 143), with a high traffic count of 12,300 cars per day (CPD).
Excellent frontage on Madison Avenue (Highway 143), with a high traffic count of 12,300 cars per day (CPD).
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,539 SF
Building Class
B
Year Built/Renovated
1996/2021
Price
$225,000
Price Per SF
$88.62
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,539 SF
Building FAR
0.09
Lot Size
0.62 AC
Zoning
Downtown Business - City of Wood River
Parking
19 Spaces (7.48 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 19-2-08-27-05-105-034 | Improvements Assessment | $60,490 |
| Land Assessment | $9,310 | Total Assessment | $69,800 |
Property Taxes
Parcel Number
19-2-08-27-05-105-034
Land Assessment
$9,310
Improvements Assessment
$60,490
Total Assessment
$69,800
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Professional Office/Retail Building | 211 Madison Ave
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