Based on a 30-year fixed rate of 5.88% with 20% down. [ Change
]
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Property Description
$3,680,000 , Located in THIRD SUB, EAST ST LOUIS. ZIP Code: 62201
Lucrative Investment Opportunity: Prime commercial office building in central location. Spanning over 26,000 square feet, this office building offers ample space tailored to the needs of the Department of Human Services. Lease pays $28,719.17/month and expires July 31, 2025, with guaranteed 5-year renewal option until July 31, 2030. Features include 40+ offices, multiple restrooms, lounge, cubicle spaces, training room, breakroom, large waiting area, newer carpet throughout and more. Strategic location offers high visibility and accessibility. Located downtown with accessibility to highways. Secure income stream from government tenant. Ideal for investors seeking stable returns and growth potential. Don't miss out on this exceptional investment opportunity. Whether you're a seasoned investor looking to diversify your portfolio or an entrepreneur seeking a dependable income stream, this commercial office building presents an attractive proposition with substantial growth potential.
MLS#: 24015667
Listing ID: 46013
Updated:
40 days ago
Days on site:
40 days
Listing provided by
Tiaa Wright
Just Wright Realty
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