402 N Sangamon, Gibson City, IL

Office for Sale - $499,000 - 17,007 Sq. Ft.


Agent Info

AJ Thoma III, CCIM, SIOR
Coldwell Banker Commercial Devonshire Realty

Property Info

CIMLS#1109061
Location
  402 N Sangamon
  Gibson City IL 60936
UpdatedJanuary 18th, 2024
TypeOffice
Price$499,000
Building17,007 Sq. Ft.

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to offer for sale this freestanding Office building located in Gibson City, Illinois. The building was constructed in 1977 and consists of 17,007 SF on .0504 Acres spread over two lots. The first floor (approx. 5,669 SF) is currently built out as a bank, however features a fairly open layout consisting of 6 private offices, 1 conference room, teller area, lobby, restrooms, and vault. The second floor (approx. 5,669 SF) has primarily been used for storage for the past several years, however has high ceilings and large full plate glass windows. This space features approx. 11 offices around the perimeter, 2 executive offices (23’ x 12’), conference room (27’ x 16’), open work areas, kitchenette, and restrooms. The mostly finished basement consists of Executive Board Room (32’ x 32’), 2 offices, kitchenette, restroom/lounge, sever room, mechanical rooms, and an additional vault. The entire building has a newer roof, fob access, Boiler/Chiller system, and 300 AMP 3 –Phase power. The sale will require a deed restriction against financial instructions & financial services for a period of 5 years surviving the sale.


Financials



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