1000 Admiral Weinel Blvd Unit 1050 and 1060, Columbia, IL 62236

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List Price
$878,500
Days on Market
3
MLS#
26069463
Status
ACTIVE
Lot Size
28,314
Acres
0.65
Year Built
1999
Subdivision
Admiral Pkwy Center
Municipality
Columbia
County
Monroe
Listing Type
Commercial

Property Description

Prime Route 3 frontage in Columbia with exposure to approximately 30,000 vehicles per day! Rare opportunity to own a well-maintained, 5,139-square-foot, all-brick commercial building positioned along one of Columbia’s primary commercial corridors. The property contains two separately accessed suites offering 3,010 square feet and 2,129 square feet, with frontage along State Route 3 and Admiral Parkway, approximately 2.5 miles southeast of I-255. Zoned C-3 Highway Business. The approximately 30,000-vehicle daily traffic figure is consistent with published local transportation data for Route 3. Suite 1050 offers 3,010 square feet and is leased through August 31, 2029, with an option to renew through August 31, 2034. The Triple Net lease includes 1.5% annual rent increases, providing an established income stream. Suite 1060 offers 2,129 square feet and is currently built out as an orthodontic office with a waiting room, reception area, private offices and open procedure space. The suite is scheduled to be vacant December 1, providing flexibility for an owner-user or new tenant. Existing fixtures are negotiable. This is a unique owner-user opportunity to occupy one suite while benefiting from income generated by the leased suite, with the potential to expand into the adjoining space in the future as business needs grow and the lease permits. Each suite features direct parking-lot access, two restrooms and a separate HVAC system. The property includes 24 paved and striped parking spaces, providing approximately 4.67 spaces per 1,000 square feet. With limited remaining buildable frontage along Route 3 in Columbia, this property combines visibility, accessibility, established rental income and long-term expansion potential in an increasingly difficult-to-duplicate location.

Additional Information

Parking Description
Asphalt, Attached
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional

Listing courtesy of Tammy Hines. Tammy Mitchell Hines & Co.

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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