Contractor Warehouse Investment – 9% Cap Rate

InvestmentWarehouse/Industrial 8,100 +/- SF
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1250 N Michigan
Danville, IL 61832
Price: $325,000.00
Building Size: 29,400 SF
Available Space: 8,100 +/- SF
Lot Size (sqft): 29,400 SF
Lot Size (acre): 0.67
Lot Dim.: 280x105
Parking: 25 Spaces
Zoning: I-1 Light Industrial
Tax PIN: 23 03 200 008

Documents

Property Description

Steel Frame building with brick face and metal skin. 14′ clear to eaves, and 8×10 OHD.  Office remodel scheduled for Fall 2021. Tenant just signed 4 year extension, and has been in place for 30+ years.

Area Description

Danville’s E. Voorhees Industrial District.

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