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3.88 Acre Commercial/Industrial Site


Listing Resources

Listing Description

Commercial/Industrial Site

3.88 Acres with 800’ of Frontage along the I-57 Exit 116 Exit Ramp. Situated at the NE Quadrant of I-57 (19,500 ADT) and U.S. Hwy 50 (West Main St); (17,500 ADT) on the West Side of Salem. Access to Property is off N. Missouri Ave. The Property is Zoned B-4 (Interchange Business).

The Property was previously Utilized for Manufactured and Modular Home Sales and would be suitable for a wide range of Travel Related Business Uses.

The Property Includes a 6,000 SF Metal, Warehouse/Industrial Building with Overhead Doors in the Rear of the Building, 14’+ Ceiling Height, Clear Span. It Also Includes a 2,240 SF Modular Office.

Located in a TIF District and Enterprise Zone.

Reduced Sale Price: $365,000

Listing Details

Listing No : 2152
Sale Or Lease : For Sale
Property Type(s) : Industrial, Land, Land - Commercial, Land - Industrial
Lot Size (Acres) : 3.88 Acre(s)
Sale Price : $365,000
Sale Price Per Sqft : $2.16
Sale Price Per Acre : $94,072
Parcel No : 11-10-000-091
Zoning : Interchange Business
Zoning By : City of Salem
Prior Use : Salem Mobile and Modular Homes
TIF : Yes
Enterprise Zone : Yes
Property Tax : $10,198
Tax Year : 2020
Traffic Count : 37,000
Topography : Flat/Level
Acres : 3.88 Acre(s)
Frontage : 800 ft
Water Provider : City of Salem
Water Provider Location : On Site
Sewer Provider : City of Salem
Sewer Provider Location : On Site
Gas Provider : Ameren IL
Gas Provider Location : On Site
Electric Provider : Ameren IL
Electric Provider Location : On Site
Interstate : I-57, Exit 116

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