Manhattan Office Building/3 Unit

Office for Sale
Catylist Listing ID: 30610084
Property Subtypes: Business Park, Executive Suites, Other
Building Size (RSF): 4,856 SF
Gross Land Area: 19,930 SF
Sale Price: $179,900
Unit Price: $37.05 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 4,856 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2020

Overview / Comments

3 Unit office building of approx. 1500 sq ft per unit in excellent condition and location. Roof is only 6 years old, private parking. Great for investment or owner use with income. All separate utilities except water. Sprinkler system in lower level. Lower level full exposure for access and natural light.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $9,917 (Annual)
Assessed Value - Total($) $222,120 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Rockford/Winnebago
Tax ID/APN: 1229278001
Zoning: C1
Property Located Between: State St & Alpine
Property Visibility: Excellent
Highway Access: Hwy 20
Airports: Rockford
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,500 SF
Year Built: 1992
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: Brick exterior/roof only 6 years old
Parking Type: Surface
Parking Description: Blacktop Lot
Total Parking Spaces: 20
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Air Curtain
Zoning Description: C1
Lot Frontage: 144.9
Lot Depth: 91
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: MANHATTAN PLAZA BNG SUB OF PT NE1/4 SEC 29-44-2 LOT 8

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,898 97,243 193,003
Median Age: 38.99 39.23 38.29
Households: 5,135 39,660 77,660
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