Investment Opportunity Commercial Buildings With Immediate ROI In Centralia
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Summary
Property
- Type
- Commercial Land
- Road Frontage
- County Road
- Road Surface
- Pavement, Blacktop/Asphalt
- Outbuildings
- Metal, Shop, Barn, Garage
Land Details
- Open
Approximate Distances
25 mi | to Mount Vernon |
60 mi | to Saint Louis, MO |
60 mi | to Effingham |
100 mi | to Springfield |
Utilities
Electric: | Onsite |
Sewer: | Onsite |
Internet: | Onsite |
Telephone: | Onsite |
Water: | Onsite |
Features/Improvements
- Seller's Mineral Rights Convey
Description
PRICE REDUCED! Commercial investment property includes over 26,000 square feet under roof, 40,000 square feet of concrete parking, and an additional heavily rocked parking area in the rear of the property. Around 8 additional acres are available for warehousing or rental storage buildings. Current owners will guarantee $60,000 in income generated from rental space for at least one full year from the date of purchase, with the potential for a higher rate of return.
The main building consists of a conference room, reception area, eight individual offices, restrooms, a gym, a full racquetball court with a basketball goal, two additional recreational spaces and 2,000 square feet of heated warehousing with two 14’ x 14’ garage doors and a code entry walk door. Seven of these offices are currently being rented out.
The second building is 7,000 square feet with concrete floors. It is insulated and heated with a full drive-through wash bay. It has six 14’x 16’ automatic garage doors, two coded entry walk doors and a 19’ x 100‘ lean-to on the back side. Three separate contractors are currently renting this building.
The third building is 11,100 square feet with concrete floors. It also has six automatic garage doors that measure 14’x 16’ and one coded entry walk door. This building is currently subleased to a rental storage company. The additional eight acres that come with this property would be great for additional storage and warehousing, as demand for large storage areas is high in this area. Agent owner interest. Contact Land Specialists Josh Malone or Chad Wilkinson today to schedule a showing.
Details
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Agent owner interest
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Immediate guaranteed return on investment
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3 miles from Centralia Airport
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Additional opportunities for warehousing or storage income
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Fully staffed reception area
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26,000 square feet under roof
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40,000 square feet of concrete
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Concrete loading dock for semi trailers
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8+/- acres ready for expansion
Other
Coordinates
38.5157, -89.0596
Annual Taxes
$9,072
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the Broker and Whitetail Properties Real Estate, LLC.