500 S Main

    Smithton, IL 62285
    • $750,000
    • STATUS: Active
    • ON SITE: 86 days
    • ID#: 19021798
    UPDATED: 44 min ago
    $750,000
    • 0
      BEDS
    • 1.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,834
      SQFT
    • $63
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1989
    County:

    School Ratings & Info

    Description

    New to the Market! This is an opportunity that doesn't come up often. This seven tenant retail center sits on the south end of Smithton. Built in the late 1980's the property has been well maintained through the years. Gross Income is $99,750 with Total Operating Expenses equaling $36,135. The center has 6 long terms tenants, 1 new health care tenant, 2 pylon signs, 1 monument sign and plenty of parking. Recent repairs and upgrades include roof repairs, one new HVAC unit and one upgraded HVAC unit.Gross Income:$99,950Operating Expenses:Insurance: $4,783Property Tax: $19,796Repair and Maintenance: $5,106Trash: $6,450Total Expenses: $36,135NOI: $63,615

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    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-06-24T14:49:16.853.

    Fusion Realty, LLC: 618.781.9170
    www.fusionrealtyhomes.com/homes/93186612

    500 S Main Smithton, IL 62285

    • Price: $750,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 19021798
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.41
    Acres
    11,834
    SQFT
    $63
    $/SQFT
    1989
    Built
    Neighborhood:
    Not in a subdivision
    County:
    St Clair
    Property Description
    New to the Market! This is an opportunity that doesn't come up often. This seven tenant retail center sits on the south end of Smithton. Built in the late 1980's the property has been well maintained through the years. Gross Income is $99,750 with Total Operating Expenses equaling $36,135. The center has 6 long terms tenants, 1 new health care tenant, 2 pylon signs, 1 monument sign and plenty of parking. Recent repairs and upgrades include roof repairs, one new HVAC unit and one upgraded HVAC unit.Gross Income:$99,950Operating Expenses:Insurance: $4,783Property Tax: $19,796Repair and Maintenance: $5,106Trash: $6,450Total Expenses: $36,135NOI: $63,615
    Exterior Features

    Building Type 1 StoryRetail Strip Center Exterior Concrete/Block Land Info Not Available Parking Description Lighted ParkingParking LotPaved Asphalt Road Access State Highway Road Frontage 300 Roof Metal Unit Location CityHigh TrafficHwy/Interstate FrntgRetail Center

    Interior Features

    Cooling Central-Electric Heating Individual UnitForced Air Interior Walls Drywall

    Property Features

    Association Realtor Association Of Southwestern Illinois Commercial Property Type Retail Conditions Unknown Current Use RetailShopping Center Disclosures Sellers Discl Not Av Electric Service 3 Phase Gross Operating Income 94950.00 Net Income 78070.00 Possible Buyer Fees YN No Sale Includes Building & Land Selling Terms CashConventional Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source County Records Tax Year 2017 Taxes Paid 19796 Total Expenses 16880.00 Utilities Available CableElectricGasWaterSewerTelephone Water Public Zoning Commercial

    Listing provided courtesy of Ah Realty Advisors, Llc. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-06-24T14:49:16.853.

    Fusion Realty, LLC: 618.781.9170
     
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