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Coachworks Building 140 Iowa Ave 9,114 SF Office Building Belleville, IL 62221 $250,000 ($27.43/SF)

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EXECUTIVE SUMMARY

Building is currently an office building but there could be multiple other redevelopment opportunities.
Zone D-2 Heavy Industrial

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Office

Building Size

9,114 SF

Building Class

Year Built

1835

Price

$250,000

Price Per SF

$27.43

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

5,178 SF

Slab To Slab

9’

Building FAR

0.15

Lot Size

1.39 AC

Parking

17 Spaces (1.87 Spaces per 1,000 SF Leased)

Signage

ABOUT 140 IOWA AVE , BELLEVILLE, IL 62221

Don't miss this opportunity to own a piece of history in downtown Belleville. Built in 1835 this office building has seen the past, present and now ready to see the future with a new owner. The building consists of 20 small and large office spaces situated on 2 floors totaling 7,876 square feet. In addition to the offices there are two kitchens, five restrooms and 1 conference rooms that can be utilized by all tenants. The building also has a security system with cameras as well as onsite parking. There are multiple tenants occupying the building which can give this investment property a huge value add opportunity or even beneficial to a owner user looking to receive some income potential.

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PROPERTY TAXES

Parcel Number	08-22-0-409-021	Improvements Assessment	$96,399
Land Assessment	$6,935	Total Assessment	$103,334

PROPERTY TAXES

Parcel Number

08-22-0-409-021

Land Assessment

$6,935

Improvements Assessment

$96,399

Total Assessment

$103,334

(314) 773-1700

CONTACT

Michael Sintzel
AH Realty Advisors LLC.

Listing ID: 37150516
Date on Market: 3/30/2020
Last Updated:
Address: 140 Iowa Ave, Belleville, IL 62221

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140 Iowa Ave, Belleville, IL for sale Building Photo- Image 1 of 3 — IMG_4692 (1)

140 Iowa Ave, Belleville, IL for sale Building Photo- Image 2 of 3 — IMG_4690 (1)

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