419 Broadway St Steeleville, IL 62288
This exceptional 2,800 square foot commercial property in Steeleville, Illinois, presents a unique investment opportunity. Located at 419 W BROADWAY Street, zip code 62288, this single-building property seamlessly blends warehouse and office space, ideal for a variety of businesses. The front of the building features a welcoming reception area and three individual offices, complemented by a full bathroom. A significant advantage is the inclusion of a car wash bay, perfect for automotive-related businesses or as an added revenue stream. The expansive shop area provides ample space for operations, storage, or equipment. A dedicated meeting room offers a convenient space for client interactions or staff gatherings. Practical features include washer and dryer hookups, ensuring convenience for employees or tenants. The property also boasts abundant electrical outlets, including both 220 and 110-volt options, catering to diverse equipment needs. Accessibility is ensured with a handicap-accessible bathroom. This property is situated in Randolph County, Illinois, offering a strategic location for businesses seeking a blend of office and industrial space. The asking price is $159,900. This is a rare opportunity to acquire a versatile and well-equipped commercial property 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
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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.