3526 N CALIFORNIA AVE Active

Peoria,IL 61603

$ 400000

- Bed

- Bath

7776 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,776 sqft

Price per Sqft $51

MLS Listing ID PA1253306

Annual Tax Amount $11,690

Tax Year 2023

Lot Size 7,405 Sqft

Property Sub-Type Commercial

Property Description

This fully leased, brick office building features 10 units and has been well maintained. The building is divided in two, with one side being a single story and the other having two stories. Recent major improvements include roof replacements in 2020 and 2021, parking lot in 2015, and HVAC systems as necessary - 4 updated since 2018. Tenants are on annual contracts and include professionals, nonprofits and service businesses. 9.6% CAP rate with rent rolls, leases and P&L statements available on request for qualified buyers. Showings will be approved only with an accepted letter of intent.

Location

State IL

County Peoria

Area Paar Area

Zoning CN

Interior

Heating Forced Air,Gas,Individual Unit,Other

Cooling Central Air,Individual Units,Other

Flooring Carpet,Concrete,Tile/Vinyl

Exterior

View true

Roof Type Flat

Building

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Other,Frame

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