501 Schwartz Rd Centralia, IL 62801-501
This exceptional Centralia, IL industrial property presents a significant investment opportunity. Situated on a 4.31-acre lot, the complex comprises three buildings totaling 26,680 square feet. The main building boasts over 1,900 square feet of office/conference space, restrooms, and storage, complemented by a spacious 5,900+ square foot shop area featuring 15+ foot clear ceiling height, insulation, metal lining, heating, a 400-amp service, and four 14'x14' overhead doors with operators. Building #2 offers 12,000 square feet of fully insulated, metal-lined space with a concrete floor slab, heating, a 200-amp service, lighting, and two 35'x15' power sliding doors. Building #3, spanning over 6,500 square feet, provides unfinished interior space with a rock floor, power, lighting, and two 32'x15' power sliding doors. The property also includes approximately 1.5 acres of paved lot between the structures. Built in 1984, this property is zoned without specific zoning restrictions and offers ample parking (20 spaces per unit) for the three units. The asking price is $679,000. This versatile property is ideal for a variety of commercial, warehouse, flex, or manufacturing uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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