Warehouse Investment Opportunity

Opportunity ZoneSaleIndustrialWarehouse 119,260 SF
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1303 E Voorhees St
Danville, IL 61832
Price: $1,900,000
Building Size: 119,260 SF
Lot Size (sqft): 462,172 SF
Lot Size (acre): 8.86 AC
Parking: 90 Spaces
Zoning: I-2 Heavy Industrial
Tax PIN: 18-34-300-007, 009
Year Built: 1967/1973
Present Income: $228,060
Present Occupancy: 91%
Cap Rate: 9%

Property Description

The total building size is 119,260 SF with the breakdown as follows:

  • Main Office: 4,000 SF
  • Production Offices: 6,600 SF
  • Production Warehouse: 108,600 SF
  • Present income: $228,060
  • Present Occupancy: 91%
  • Cap Rate: 9%

Building also features:

  • 2″ Water Meter
  • 4″ Gas Meter
  • 277/480 V, 3PH, 10,000 Amps Electric
  • Fully Sprinkled (Wet)
  • 28′ Peak and 20′ side ceiling height
  • (3) Truck Docks (Expandable to (12) Docks)
  • Drive-in doors: (2) 14’x12′, (2) 16’x16′, & (2) 8’x10′
  • 6″ floor and numerous press foundations

Location Description

Conveniently located near Interstate 74 in Danville’s Heavy Industrial Park.  Just 92 miles from Indianapolis International Airport, 40 miles from I-57, 150 miles from O’Hare International Airport, and 220 miles from Lambert-St.Louis International Airport, this facility is ideal for Industrial or Logistics use.

THIS PROPERTY IS LOCATED IN AN OPPORTUNITY ZONE

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