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    OFF-MARKET
    Office Spaces

    1217 Main St, Olney, IL 62450

    2,300 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional executive office space in Olney, Illinois, offers a total of 2,300 square feet currently available for lease. Located at 1217 E Main St, 62450, this property presents a fantastic opportunity for businesses seeking flexible and modern office solutions. The building is configured to accommodate multiple tenants, with spaces ranging from a minimum of 300 square feet to a maximum contiguous space of 2,000 square feet. This allows for scalability to suit various business needs, from small startups to larger established companies. The entire 2,300 square feet is currently vacant, providing immediate occupancy for a single tenant or the opportunity to divide the space among multiple tenants. Situated in Richland County, this property benefits from a convenient location within Olney, offering easy access to local amenities and transportation networks. The property type is classified as an office building, specifically designed for executive office use, ensuring a professional and efficient work environment. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure high-quality office space in a desirable location.

    Property profile
    Verified
    Property type Office Spaces
    Total area 2,300 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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