2679 Centennial Drive

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2679 Centennial Drive

Washington, IL 61571
Asking Price
$2.10M
Asset Type
Commercial Land
Class
Class B

What's Special

±7 Acres Land - Will Divide <p>7 Acres (±6 Acres useable) - Will Divide</p><p>Zoned C2 allowing for a variety of office, retail, & service uses</p><p>Sale Price: $300,000 per Acre</p><p></p><p>This location qualifies for state funding using the RHTP (Rural Health Transformation Program) for rural healthcare infrastructure or Rebuild Illinois grants for community health center construction and renovations.</p><p></p><p>Potentia forl enterprise zone incentives in the near future</p><p></p><p>Situated at the lighted intersect

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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85

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