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"Mechanic’s Dream – Fully Equipped 3 Bays 310 Mccambridge Ave 2,223 SF Retail Building Madison, IL 62060 $225,000 ($101.21/SF) 8.56% Cap Rate
INVESTMENT HIGHLIGHTS
- Madison County IL Enterprise Zone
- Three Functional Bays equipped with automotive lifts
- Traffic Count of 20,000 + + +
EXECUTIVE SUMMARY
ATTENTION COMMERCIAL BUYERS - PRICE IMPROVEMENT ON AUTOMOTIVE SHOP DOWN TO $ 225,000.00!
Inside, the facility features three functional service bays, each equipped with automotive lifts, making it move-in ready for repair, maintenance, or specialty vehicle services.
Strategically located near major highways and population centers and minutes from downtown St. Louis, MO, this property offers excellent visibility and accessibility, making it a valuable asset for businesses seeking high-traffic exposure and operational efficiency.
Inside, the facility features three functional service bays, each equipped with automotive lifts, making it move-in ready for repair, maintenance, or specialty vehicle services.
Strategically located near major highways and population centers and minutes from downtown St. Louis, MO, this property offers excellent visibility and accessibility, making it a valuable asset for businesses seeking high-traffic exposure and operational efficiency.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,223 SF
Building Class
C
Year Built
1960
Price
$225,000
Price Per SF
$101.21
Cap Rate
8.56%
NOI
$19,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.00 AC
Zoning
Commercial - Property Type - COM - Commercial
Auto Service Garage
Frontage
AMENITIES
- Corner Lot
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Ronnie's Transmission Service
- Services
- -
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Ronnie's Transmission Service | Services | - | $9.99 | Lorem Ipsum | - |
PROPERTY TAXES
| Parcel Number | 17-2-20-30-13-301-001 | Improvements Assessment | $9,240 |
| Land Assessment | $3,150 | Total Assessment | $12,390 |
PROPERTY TAXES
Parcel Number
17-2-20-30-13-301-001
Land Assessment
$3,150
Improvements Assessment
$9,240
Total Assessment
$12,390
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"Mechanic’s Dream – Fully Equipped 3 Bays | 310 Mccambridge Ave
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