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401 N Franklin St
Danville, IL 61832
 State Lease Investment Offering · Office Property For Sale

Office Spaces Illinois Danville 401 N Franklin St, Danville, IL 61832

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EXECUTIVE SUMMARY

The property is currently leased to the State of Illinois occupying 401 N. Franklin/407C N. Franklin., Danville Area Community College (DACC) in 407B N. Franklin, and currently 3,412 SF (usable SF) vacant at 407A N. Franklin.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
28,312 SF
Building Class
C
Year Built
1982
Price
$1,950,000
Price Per SF
$68.88
Cap Rate
11.47%
NOI
$223,609
Tenancy
Single
Building Height
1 Story
Typical Floor Size
28,312 SF
Building FAR
0.57
Lot Size
1.14 AC
Parking
75 Spaces (2.65 Spaces per 1,000 SF Leased)

LINKS

PROPERTY TAXES

Parcel Number 23-05-320-056 Improvements Assessment $362,075
Land Assessment $43,826 Total Assessment $405,901

PROPERTY TAXES

Parcel Number
23-05-320-056
Land Assessment
$43,826
Improvements Assessment
$362,075
Total Assessment
$405,901
 

  • Listing ID: 29773460

  • Date on Market: 10/12/2023

  • Last Updated:

  • Address: 401 N Franklin St, Danville, IL 61832

More public record information on 401 N Franklin St, Danville, IL 61832

The Office Property at 401 N Franklin St, Danville, IL 61832 is currently available for Sale. Contact Coldwell Banker Commercial Devonshire Realty for more information.

NEARBY LISTINGS

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