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 $50,715. There is also a value add opportunity here where the the one vacant space which is about 1,020 square feet of office space and 3,000 square feet of warehouse could be rented for around $3,000 per monthly bumping the gross income up to $86,715. 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 $230,000. Parcel #:08-22.0-409-021
Details
| MLS# | 20014876 |
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| Listing Type | For Sale |
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| Sub-Type | Resale |
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| Status | Active |
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| Year | 0 |
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| Days On Site | 365 |
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Features
| Story(s) | 1 |
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| Zoning | Commercial |
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| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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| Date: Feb 2021 | Sales: 1 | Avg $ Per SqFt: $34.71 | Min Sale Price: $59,000 | Max Sale Price: $59,000 | Med Sale Price: $59,000 |
| Date: Jan 2021 | Sales: 1 | Avg $ Per SqFt: $40.06 | Min Sale Price: $150,000 | Max Sale Price: $150,000 | Med Sale Price: $150,000 |
| Date: Nov 2020 | Sales: 1 | Avg $ Per SqFt: $25.04 | Min Sale Price: $67,300 | Max Sale Price: $67,300 | Med Sale Price: $67,300 |
| Date: Oct 2020 | Sales: 2 | Avg $ Per SqFt: $84.87 | Min Sale Price: $900 | Max Sale Price: $92,000 | Med Sale Price: $46,450 |
| Date: Sep 2020 | Sales: 2 | Avg $ Per SqFt: $59.8 | Min Sale Price: $105,500 | Max Sale Price: $139,900 | Med Sale Price: $122,700 |
| Date: Aug 2020 | Sales: 5 | Avg $ Per SqFt: $18 | Min Sale Price: $10,000 | Max Sale Price: $80,000 | Med Sale Price: $30,000 |
| Date: Jul 2020 | Sales: 2 | Avg $ Per SqFt: $35.82 | Min Sale Price: $50,000 | Max Sale Price: $57,500 | Med Sale Price: $53,750 |
| Date: Jun 2020 | Sales: 1 | Avg $ Per SqFt: $ | Min Sale Price: $77,000 | Max Sale Price: $77,000 | Med Sale Price: $77,000 |
| Date: Apr 2020 | Sales: 1 | Avg $ Per SqFt: $24.15 | Min Sale Price: $33,333 | Max Sale Price: $33,333 | Med Sale Price: $33,333 |
| Date: Mar 2020 | Sales: 2 | Avg $ Per SqFt: $30.42 | Min Sale Price: $44,000 | Max Sale Price: $52,000 | Med Sale Price: $48,000 |
| Feb 2021 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $34.71 |
| Min Sale Price: | $59,000 |
| Max Sale Price: | $59,000 |
| Med Sale Price: | $59,000 |
| Jan 2021 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $40.06 |
| Min Sale Price: | $150,000 |
| Max Sale Price: | $150,000 |
| Med Sale Price: | $150,000 |
| Nov 2020 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $25.04 |
| Min Sale Price: | $67,300 |
| Max Sale Price: | $67,300 |
| Med Sale Price: | $67,300 |
| Oct 2020 |
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| Sales: | 2 |
| Avg $ Per SqFt: | $84.87 |
| Min Sale Price: | $900 |
| Max Sale Price: | $92,000 |
| Med Sale Price: | $46,450 |
| Sep 2020 |
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| Sales: | 2 |
| Avg $ Per SqFt: | $59.8 |
| Min Sale Price: | $105,500 |
| Max Sale Price: | $139,900 |
| Med Sale Price: | $122,700 |
| Aug 2020 |
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| Sales: | 5 |
| Avg $ Per SqFt: | $18 |
| Min Sale Price: | $10,000 |
| Max Sale Price: | $80,000 |
| Med Sale Price: | $30,000 |
| Jul 2020 |
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| Sales: | 2 |
| Avg $ Per SqFt: | $35.82 |
| Min Sale Price: | $50,000 |
| Max Sale Price: | $57,500 |
| Med Sale Price: | $53,750 |
| Jun 2020 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $ |
| Min Sale Price: | $77,000 |
| Max Sale Price: | $77,000 |
| Med Sale Price: | $77,000 |
| Apr 2020 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $24.15 |
| Min Sale Price: | $33,333 |
| Max Sale Price: | $33,333 |
| Med Sale Price: | $33,333 |
| Mar 2020 |
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| Sales: | 2 |
| Avg $ Per SqFt: | $30.42 |
| Min Sale Price: | $44,000 |
| Max Sale Price: | $52,000 |
| Med Sale Price: | $48,000 |
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MLS Number: 20014876