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Manufacturing Facility with Bridge Cranes
New
For Sale
$398,000

707 S Oak St, Patoka, IL 62875

Steel industrial facility configured for fabrication, welding, equipment repair, and related heavy-duty operations.

Property Size6,400 SF
Lot Size1.80 Acres
Price / SF$62.19
Days on Market2

Property Features for 707 S Oak St

General Information

Standard status Active
Size 6,400 SF
Lot size 1.80 Acres

Warehouse & Industrial

Clear Height 30 ft
Power 800 amps
Voltage 480 V
Three-Phase Power Yes

Building Details

Year Built 2000
Buildings 1
Stories 1
Construction Pre Engineered Steel
Listing Agency: Coldwell Banker Allen & Geary
Listed By: Alan Owen · License #475182718
Source: Liveliferealty
Added: Sep 14 Last Checked: Sep 14 at 2:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Allen & Geary

Investment Insights

Based on property information with market context.

The manufacturing facility comprises a 6,400-square-foot pre-engineered Butler steel building on a 1.8-acre lot. Constructed in 2000, the building measures 50' x 120' and has a 30' eave height, along with a 20' x 20' office and storage addition. The shop includes two top-running motorized, full-length overhead bridge cranes, each equipped with twin 5-ton electric hoists and a 21'-7" hook height. A 480V, 3-phase, 800-amp electrical service supports crane circuits, equipment stations, distribution panels, and receptacles. LED lighting has been installed in the shop.

The heated and cooled office area includes a single restroom. Included improvements and equipment consist of a 175 CFM, 30HP air compressor with a 325-gallon tank and shop-wide piping, interior shelving and racks attached to the structure, exterior heavy-duty steel racking, steel staging, and work tables. The property is located at 707 S Oak St in Patoka, Illinois. Machinery, tools, and other personal property not specifically identified as included are excluded.

Key Highlights

  • 6,400‑square‑foot Butler steel building on a 1.8‑acre mainly compacted rock lot
  • 50' x 120' shop with a 30' eave height and 20' x 20' office/storage addition
  • Two motorized full‑length bridge cranes with twin 5‑ton electric hoists each

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Restaurant Food Market Travel Agency Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30 ft
Clear height

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 62875, IL

1,154
Population
480
Households
2.4
Avg Household Size
44
Median Age
15%
College-Educated
94%
High-School Grad
71.7 sq mi
ZIP Area
16
Density / Sq Mi
$70,625
Median Household Income
$38,929
Median Earnings
$872
Median Rent
$103,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Steel industrial facility configured for fabrication, welding, equipment repair, and related heavy-duty operations.
Where is this manufacturing property located?
The property is located at 707 S Oak St Patoka, IL.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: 6,400‑square‑foot Butler steel building on a 1.8‑acre mainly compacted rock lot; 50' x 120' shop with a 30' eave height and 20' x 20' office/storage addition; Two motorized full‑length bridge cranes with twin 5‑ton electric hoists each
More about this property
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