Contact us: 563.441.1776
Description
Great investment opportunity. H&R Block has occupied the property for over 12 years with a new 5 year lease in place with a 10 year option. Wish a steady income, updated roof and hvac, this is as easy as you get. Base rent is $1400/month until April 30, 2029 when rent goes to $1420/month. The roof was installed in 2017, air conditioning between 2016-2018, and the heater in 2024. This open floor plan office space has been updated with paint and carpet and includes 4 private offices, 10X10 each. The water, mowing, and snow removal are paid for by owner but reimbursed by H&R Block Enterprises.
Property Highlights
Property Type: Commercial - Office
Building Description: 1.0 stories
Available Sqft: 1800
Year Built: 1985
General Information
County: Franklin
Listed By:
COLDWELL BANKER J D THOMPSON
mplant618@gmail.com
RMLSA
MLS ID: PA1267456
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400 W Main Street, West Frankfort, IL 62896.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $125,000 | $125,000 | $125,000 |
| Down Payment | $25,000 | $4,375 | $31,250 |
| Monthly Mortgage Amount | $608 | $746 | $772 |
| Taxes | $174 | $174 | $174 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $55 | $0 |
| Monthly Estimated Total | $882 | $1,075 | $1,046 |
Disclaimer:
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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