1217 Main St, Olney, IL 62450
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.