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618-277-4400

1 Acre Redevelopment Site

$499,000

Listing Resources

Listing Description

One (1) story 7,646 SF office building on a one-acre (43,560 SF) lot at 200 Potomac Blvd. situated in the primary business district in the NW quadrant of the I-64/57 & IL Rt. 15 interchange (Exit 95) which is a primary business and hospitality area serving Mt. Vernon and Jefferson County. Property is owned by the City of Mt. Vernon and the building (Municipal West Building) was constructed in 1991 for governmental related services including offices for tourism, chamber of commerce and economic development.

Property is highly visible and easily accessible via traffic-signalized intersection (21,800 ADT) at Potomac Blvd and Rt. 15. Brand named restaurants, hotels, and other travel-oriented businesses located nearby. See attached map depicting area businesses.

The City of Mt. Vernon is seeking offers through BARBER MURPHY to redevelop the property for alternative uses including adapting the building or clearing the site for new commercial development. For additional information including; Professional Engineering Report (Structural Assessment & Estimated costs for Reuse of Building) , Environmental Report (Mold Analysis /Assessment ), Bldg. plans, etc. contact the Listing Broker.

Sale Price: $499,000

Listing Details

Listing No : 2810
Sale Or Lease : For Sale
Property Type(s) : Land - Commercial, Office
Lot Size (Acres) : 1 Acre(s)
Sale Price : $499,000
Sale Price Per Sqft : $65.26
Sale Price Per Acre : $499,000
Building Total Sqft : 7,646 Sqft
Parcel No : 06-26-376-004 & 006
Zoning : C-5 Highway Commercial
Prior Use : Office
Parking : 25
Parking Surface Type : Asphalt
Tax Year : City Owned
Traffic Count : 21,800
Topography : Flat
Year Built : 1991
Class : C
Clearance Min : 8 ft
Clearance Max : 10 ft
Floors : 1
Total Acres Available : 1 Acre(s)
Min Divisible Acres : 1 Acre(s)
Frontage : 138 ft
Depth : 210 ft
Water Provider : City Served
Water Provider Location : On Site
Sewer Provider : City Served
Sewer Provider Location : On Site
Gas Provider : Ameren Illinois
Gas Provider Location : On Site
Electric Provider : Ameren Illinois
Electric Provider Location : On Site
Interstate : I-64/57 & Route 15
Airport : Marion Airport (40 Miles)

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