Description
Two industrial warehouse buildings in downtown Belleville. The two buildings combined equal 22,058 square feet. There are five current tenants giving the property a gross income of $92,835, with total 2021 expenses of $19,874.71 equaling a NOI of $72,960.29 and a Cap Rate of 15.4%. The property would also be great for an owner user who is looking to make some income while occupying part of the property. The adjacent office building at 140 Iowa Ave is also for sale for $215,000. Parcel #:08-22.0-409-021
Location
Similar Listings
3 Beds
3 Baths
2,838 Sq ft
$249,900
MLS# MAR22052842
Courtesy of: Keller Williams Marquee
3 Beds
2 Baths
2,184 Sq ft
$389,900
MLS# MAR22054188
Courtesy of: Redmond Properties
2 Beds
2 Baths
1,882 Sq ft
$249,900
MLS# MAR22053612
Courtesy of: Phoenix Realty Co., LLC
3 Beds
2 Baths
$230,000
MLS# MAR22053013
Courtesy of: Keller Williams Chesterfield
3 Beds
2 Baths
1,150 Sq ft
$200,000
MLS# MAR22054082
Courtesy of: Coldwell Banker Realty - Gunda
3 Beds
3 Baths
2,842 Sq ft
$495,000
MLS# MAR22045893
Courtesy of: Berkshire Hathaway Select
3 Beds
1 Baths
1,273 Sq ft
$125,000
MLS# MAR22045168
Courtesy of: Coldwell Banker Premier Group
3 Beds
3 Baths
1,841 Sq ft
$240,000
MLS# MAR22053568
Courtesy of: Duncan Realtors Inc.
4 Beds
3 Baths
$499,500
MLS# MAR22051092
Courtesy of: Berkshire Hathaway Alliance
2 Beds
2 Baths
1,541 Sq ft
$299,900
MLS# MAR22053492
Courtesy of: Coldwell Banker Premier Group
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Courtesy of: Ah Realty Advisors, Llc Copyright 2022, Mid America Regional Information Systems, Inc.(MARIS). All rights reserved. Mid America Regional Info Systems does not display the entire IDX database of Mid America Regional Information Systems, Inc. (MARIS MLS) on this web site. Property listings of some REALTOR® brokerage firms have been excluded. Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information provided deemed to be reliable but is not guaranteed to be accurate. Buyers are advised to verify all facts before making a decision on purchasing a property. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Mid America Regional information Systems, Inc. (MARIS) will not be held responsibility for the content of such records.
