386 Williams St Murphysboro, IL 62966
This 3,600 square foot commercial warehouse, built in 1989, presents a fantastic investment opportunity in Murphysboro, Illinois. Located at 386 S Williams Street, 62966, this vacant property offers a versatile space ideal for a variety of uses. The building features T-111 siding over a 2x6 frame and sits on a solid 5-inch cement slab. Inside, you'll find a well-distributed 400-amp electrical service, gas heat, a half-bath, a 15x13 office space, a 14x12 front lobby, and a convenient double-car garage door. The building boasts super-insulated walls and attic, resulting in a low equalizer bill of only $129 per month. Previously used as a contractor's wood shop, this adaptable space offers endless possibilities for future tenants. The property sits on a large lot, providing ample room for expansion. The asking price for this property is $153,000. This is a rare opportunity to acquire a well-maintained, spacious warehouse in a prime Murphysboro location. Don't miss out!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.