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140 Iowa Ave, Belleville, IL 62220

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Listing Type
commercial/industrial
Listing Status
active
Explore Belleville, IL
12
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$475,000

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Home Details for 140 Iowa Ave
Price
$475,000
Type
commercial/industrial
Sq. Ft.
22058
Lot Size
1.118
County
St Clair-IL
Tax
$12,853
MLS®️ Listing#
20014876
On exitrealty.com
1061 days
Property 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
Property Features
Listing courtesy: Ah Realty Advisors, Llc - 7731700. Presented by: Michael Sintzel
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified.
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$475,000

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EXIT ELITE REALTY
1960 Richardson Road, Arnold, MO 63010
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