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    OFF-MARKET
    Commercial real estate

    1238 Main St, Benton, IL 62812

    13,210 SF 2.5 ac lot Built 1965
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1238 W Main Street in Benton, Illinois, presents a significant opportunity for a variety of businesses. Situated on a generous 2.5-acre lot, the building boasts a substantial 13,210 square feet of space, ideally suited for businesses requiring both warehouse and office areas. The property enjoys a highly visible location on State Highway 14, just one mile west of Interstate 57, ensuring excellent accessibility and high traffic exposure. The building features a large warehouse area complete with a convenient loading dock, streamlining logistics and operations. In addition to the warehouse space, there is a sizable and well-appointed office area located at the front of the building, providing ample room for administrative functions and client interaction. The roof is relatively new, having been installed approximately three years ago, minimizing maintenance concerns and ensuring long-term cost-effectiveness. This property's combination of size, location, and features makes it an attractive investment for businesses seeking a versatile and strategically positioned commercial space. The asking price is $325,000. This is a rare opportunity to acquire a substantial commercial property in a desirable location with excellent highway access.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1965
    Total area 13,210 SF
    Lot 2.5 ac (108,900 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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