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1051 S Wall St

13,999 SF 100% Leased Light Industrial Building Carbondale, IL 62901 £622,723 (£44/SF) 12.76% Net Initial Yield

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Investment Highlights

3 Story Brick and Concrete Building
Virtually Maintenance Free
Concrete Construction Built to Last

Excellent Condition-Recently Remodeled
Excellent Location Between All SIU Student Housing

Executive Summary

Amazing property! This 3 story brick and concrete building is in excellent condition after being recently remodeled. It is virtually maintenance free and built to last. 6,990 SF of remodeled retail space. 2,175 SF of Expandable Retail Space or Storage Area. 840 SF Separate Garage for Storage Space. 1,365 SF Separate Expandable Retail. 3,469 SF of Bottom Level Storage Space Space. Boutique hotel rentals provide good income: (3) studio apartments & one bath 400 SF each; (1) one bedroom and one bath 570 SF. Large common area is shared by all. There is also a detached garage that is leased out. Good investment for your own business in addition to the rental income.

Brochure

Seller's description

Property Facts

Price	£622,723	Lot Size	1.39 AC
Price Per SF	£44	Rentable Building Area	13,999 SF
Sale Type	Investment	Number of Floors	3
Net Initial Yield	12.76%	Year Built	1933
Property Type	Light Industrial	Parking Ratio	1.93/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£622,723
Price Per SF	£44
Sale Type	Investment
Net Initial Yield	12.76%
Property Type	Light Industrial
Building Class	C
Lot Size	1.39 AC
Rentable Building Area	13,999 SF
Number of Floors	3
Year Built	1933
Parking Ratio	1.93/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.