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Suite 13 2 Terminal Dr

2,402 SF Office Building East Alton, IL 62024 $141,747 CAD ($59 CAD/SF)

Investment Highlights

  • Five main level offices
  • Two private bathrooms
  • Five lower level offices
  • Zoning is airport zoning which allows a multitude of uses.

Executive Summary

Built in 1981 with FULL BRICK exterior! 1201 Sq Ft main level with 5 offices and a half bath as well as 5 lower level offices and a 3/4 bath. Main level office sizes are 1 that is 12X9, 2 that are 12X10, 1 is 12X11 & another 17X12, as well as a 22X13 reception area! Lower level also has 5 offices 3 offices thats are 15X8, 1 that is 12X10, another 12'6"X 12'5, 2 more that are 14'8"X9. Also in lower level is a 3/4 bath & storage area 10X7. Building only for sale. There is a 99 year lease on the land. Building sets on airport property and operates under a long term lease with MU Witt Construction that expires on 6/11/2079 and is transferrable to the new owner. Current lease of land is roughly $2540 per year. The lease fee includes land, lawn care, landscaping maintenance and snow removal. Village of Bethalto requires no occupancy inspection but a Fire Safety Inspection is needed for occupancy. Zoning is airport Zoning which allows a multitude of uses.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,402 SF
Building Class
B
Year Built
1981
Price
$141,747 CAD
Price Per SF
$59 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,402 SF
Building FAR
0.06
Lot Size
1.00 AC
Zoning
Airport - Airport
  • Listing ID: 34047658

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 2 Terminal Dr, East Alton, IL 62024

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