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618-277-4400

Rail Served Warehouse for Sale/Lease

$3,500,000

Listing Resources

Listing Description

Rail Served Industrial Property

Former Spartan Printing Factory – Rehabbed in 2020. 20 Acre Site with Heavy Utilities.

40,000 SF leased by Spartan Light Metals – Income $72,000 Annual Income.
61,540 SF available for Lease.
Remaining 240,000 SF – Allow 3 months for roof installation and mechanical improvements.

2 Rail Spurs totaling 2,023 linear feet on Illinois Central Gulf Railroad. Rail Switches need to be installed. Rail Spurs need some improvements.

Located in a TIF District and Enterprise Zone.

Sale Price: $3,500,000 ($9.69/SF)
Also for Lease: $2.50/SF, NNN

Listing Details

Settings
Listing No : 2327
Sale Or Lease : For Sale
Property Type(s) : Industrial, Industrial - Rail Served
Building Size (Sqft) : 361,000 Sqft
Lot Size (Acres) : 19 Acre(s)
Sale Price : $3,500,000
Building Total Sqft : 361,000 Sqft
Warehouse : 361,000 Sqft
Min Divisible Sqft : 2,350 Sqft
Max Contiguous Sqft : 361,000 Sqft
Truck Dock : 18
Truck Dock Size : Varies
Dock Levelers : Yes
Drive-In Doors : 2
Drive-In Door Size : 16'x18', 12'x15'
Insulated : Yes
Sprinklers : Yes
Lighting : LED
Ventilation : Yes
Extra Land : 13.7 Acres adjacent
Parcel No : 10-06-380-002
Zoning : Industrial
Zoning By : Sparta
Prior Use : Manufacturing
TIF : Yes
Enterprise Zone : Yes
Survey : Yes
Environmental : Yes
Parking : 100
Parking Surface Type : Rock
Property Tax : $1,952
Tax Year : 2019
Year Built : 1960
Rehab Year : 2020
Clearance Min : 19 ft
Clearance Max : 30 ft
Bay Spacing : Varies
Style : Steel Frame
Roof : Metal
Exterior : Meatal
Sprinklers : Yes
Floors : 1
Floor Type : Reinforced Concrete
Floor Thickness : 6"-17"
Floor Drains : Yes
Total Acres Available : 19 Acre(s)
Frontage : 602 ft
Depth : 1,095 ft
Water Provider : Sparta
Water Provider Service : 6"-8"
Water Provider Location : On Site
Sewer Provider : Sparta
Sewer Provider Service : 6"-8"
Sewer Provider Location : On Site
Gas Provider : Ameren IL
Gas Provider Location : On Site
Electric Provider : Ameren IL
Electric Provider Location : On Site
AMPS : 2000
Phase : 3
Low Volts : 240
High Volts : 480
Telecom Provider : Frontier
Telecom Provider Location : On Site
Interstate : I-64 (28 miles), I-55 (33 Miles)
Rail : Illinois Central Gulf (On Site)
Barge : Kaskaskia River Terminal
Airport : St. Louis Lambert International

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