Property summary
The property is an established welding and fabrication operation located just east of Shelbyville, Illinois, along State Highway 16, with frontage and access from this highway and a position across from Lake Shelbyville Dam. The main shop building is approximately 5,900 square feet, constructed in the 1970s with an addition added in the 1990s, and includes a full concrete floor, insulation, and natural gas heat suitable for welding, fabrication, and equipment storage. The site covers approximately 1.8 acres and includes areas for parking and outdoor storage for customer vehicles, trailers, and equipment, with an open lot that provides flexibility for outdoor work and possible future expansion. The property is configured to support a range of related operations, including welding and fabrication, cylinder exchanges and refills, machining, wholesale materials, livestock gate production, hydraulic hose assembly and installation, and mobile welding services, and the sale package historically included major equipment and inventory needed to continue these activities. The location is approximately 30 miles south of Decatur and 25 miles north of Effingham, in a region influenced by agricultural, industrial, and recreational activity associated with the Lake Shelbyville area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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