Property summary
This exceptional 7,000 square foot commercial building is ideally situated in Watseka's bustling business district at 211 S 3rd Street. Recently and extensively renovated, this property offers a unique blend of modern office space and expansive shop area, perfect for a variety of businesses. The front of the building features updated office spaces and cubicle areas, a welcoming lobby/reception area suitable for use as a showroom, and separate kitchen and bathroom facilities. The substantial shop area boasts an impressive size, equipped with both an 8-foot and a 10-foot overhead door, along with convenient floor drains. Significant upgrades include a complete overhaul of the electrical system in the shop area to accommodate 220-volt and three-phase power. The building's climate control is ensured by new central HVAC units installed in 2022/2023, serving both the offices and break room. Security is enhanced with smart locks throughout, utilizing fobs and keycodes, and a comprehensive internal and external camera system with cloud-based recording and direct access to your computer or phone, eliminating the need for external monitoring services. A kitchen and bathroom are conveniently located within the shop area, complementing the additional facilities provided for the office spaces. The building features an 11-year-old domed membrane roof, ensuring long-term durability. This turnkey property presents a rare opportunity for a business seeking a well-maintained, technologically advanced, and spacious commercial space in a prime location. Priced at $250,000.
Property profile
VerifiedCap rate & NOI
Current use
-
Production Facility
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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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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