Listed by The Hawkeye Group
$895,000
1800-1812 3rd Ave
Details
Property Type Multifamily, Office
Sub Type Executive Office, Traditional Office
Square Footage 45,918
NOI $45,238
Tenancy Multi
Class B
Year Built 1908
Buildings 1
Stories 6
Acreage 0.240
Zoning B-2
Ownership Safety Building, LLC
Sale Condition For sale by owner
Multifamily
Marketing description
Known as the Safety Building, located at 1800 3rd Ave, Rock Island. Approximately 46,000 SF office building. Excellent opportunity for residential conversion. TIF and tax credits available. Included in the sale is approximately 20 parking spaces located at 1812 3rd Ave.
Listing Contacts
Listed by The Hawkeye Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,238.00
$3,769.83/mo
Valuation Metrics
0
DSCR
5.05%
Cap Rate
5.05%
ROI
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