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975 N Main St 6,270 SF 100% Leased Office Building Rockford, IL 61103 $295,000 ($47.05/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Great location and easy maintenenace.
EXECUTIVE SUMMARY
Great location near downtown- The building is set for a multiple office, co-working or principal offcie for a business needing 15+ offices. All brick very well maintained.
check our site at https://www.rockriverbeehive.com/office-space
check our site at https://www.rockriverbeehive.com/office-space
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
6,270 SF
Building Class
B
Year Built
1972
Price
$295,000
Price Per SF
$47.05
Cap Rate
7%
NOI
$20,650
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,135 SF
Building FAR
1.31
Lot Size
0.11 AC
Zoning
C-1
Parking
15 Spaces (2.39 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 11-23-204-012 | Improvements Assessment | $72,666 |
| Land Assessment | $10,646 | Total Assessment | $83,312 |
PROPERTY TAXES
Parcel Number
11-23-204-012
Land Assessment
$10,646
Improvements Assessment
$72,666
Total Assessment
$83,312
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Business For Life
975 N Main St
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