For Sale
$1,150,000

205 Williamsburg Dr Bloomington, IL 61704

Fully Leased, Multi-Tenant Office Building

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional investment opportunity presents a fully leased, 11,311 square foot Class B office building located at 205 N Williamsburg Dr, Bloomington, IL 61704. The property, built in 1998 and renovated in 2024, features five individual units with a diverse mix of long-term tenants, resulting in 100% occupancy. The building sits on a 0.94-acre lot zoned C1, offering significant potential for future appreciation. The property boasts a strong financial profile, with a current NOI of $87,746 and a 7.63% cap rate. The asking price is $1,150,000, translating to $101.67 per square foot. This single-story building is conveniently located just one block east of Veterans Parkway in a thriving commercial district, providing excellent visibility and accessibility. The property's strong tenant base and consistent cash flow make it an ideal addition to any investor's portfolio. The property's APN is 21-02-276-044. This is a modified lease multi-tenant property offering immediate cash flow and long-term stability.

Highlights

  • Fully leased, 11,311 SF Class B office building in Bloomington, IL.
  • 100% occupancy with a diverse mix of long-term tenants.
  • Strong financial profile: $87,746 NOI, 7.63% cap rate, $1,150,000 asking price ($101.67/SF).
  • 0.94-acre lot zoned C1, located one block east of Veterans Parkway.
  • Renovated in 2024.

Property Details for 205 Williamsburg Dr

Property type
Office properties
Square Feet
11,311 SF
Class
B
Year Built/Renovated
1998/2024
Stories
1
Lot Size (sq. ft)
40,946 SF
Units
5

Location Insight

City
Bloomington
County
McLean
State
Illinois
Latitude
40.482020615764
Longitude
-88.946278988219
205 Williamsburg Dr, Bloomington, Illinois

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FAQs

What type of property is this?
Office property - Fully Leased, Multi-Tenant Office Building
Where is the office property located?
The property is located at 205 Williamsburg Dr Bloomington, IL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Fully leased, 11,311 SF Class B office building in Bloomington, IL.; 100% occupancy with a diverse mix of long-term tenants.; Strong financial profile: $87,746 NOI, 7.63% cap rate, $1,150,000 asking price ($101.67/SF).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Carrie Tinucci-Troll
Carrie Tinucci-Troll
Visit Broker Website

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Williamsburg Dr
Bloomington, IL 61704

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Williamsburg Dr
Bloomington, IL 61704

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

205 Williamsburg Dr
  • Carrie Tinucci-Troll
    Carrie Tinucci-Troll
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