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618-277-4400

12,000 SF Retail Facility for Sale

$2,900,000

Listing Resources

Listing Description

12,000-square-foot facility features a dual-entrance foyer that guides customers into a thoughtfully designed retail space. The front area showcases a professional reception counter strategically positioned near modern restroom facilities and an expansive office suite.

The warehouse space offers a 10′ x 12′ overhead drive-in door. Within this space there is an additional staff restroom. The building has uniform 15-foot ceiling heights throughout, maximizing vertical storage and display potential. The property is equipped with 3-phase power infrastructure. All (FF&E) Furniture, fixtures and equipment are negotiable.

The subject is located along the west side of South Madison Street (Illinois Route 4). The surrounding and nearby uses include a Dollar General store, McDonald’s restaurant, Mexican style restaurant, convenience store, and Ace Hardware store. There is a public school to the northwest. There is a historic shopping district located along St. Louis Street (also known as The Brick Street) where there is a mixture of antique stores, quaint shops, restaurants, The Mermaid House Inn, Looking Glass Playhouse, Visitor’s Center, and others. Horner Park offers 58-acres of wooded and rolling land including a large fishing lake, baseball and softball fields, tennis courts, horseshoe courts, pavilions, and a walking path.

According to the 2020 Census, Lebanon’s population was estimated at 4,691, which was up from the 2010 figure of 4,418. There is one public high school and one public elementary/middle school in Lebanon. Lebanon is home to McKendree University which was founded in 1828.

Highway transportation facilities are considered excellent. Major highways within a five-mile radius include Interstates 64, 70, and 55; Illinois Routes 4, 50, and 158; and many secondary routes.

Lebanon is affected by the activities at nearby Scott Air Force Base. The Base is the fourth largest employer in the St. Louis area and contributes 1.6 billion dollars annually to the region’s economy.

Sale Price: $2,900,000

Listing Details

Listing No : 3008
Sale Or Lease : For Sale
Property Type(s) : Industrial - Temperature Controlled, Retail, Retail - Freestanding, Retail - Grocery/Convenience Store, Retail - Store Front Retail
Building Size (Sqft) : 12,000 Sqft
Lot Size (Acres) : 1.88 Acre(s)
Sale Price : $2,900,000
Sale Price Per Sqft : $241.67
Building Total Sqft : 12,000 Sqft
Total Sqft Available : 12,000 Sqft
Min Divisible Sqft : 12,000 Sqft
Max Contiguous Sqft : 12,000 Sqft
Drive-In Doors : 1
Drive-In Door Size : 10' x 15'
Insulated : Yes
Sprinklers : Wet Pipe System
Men's Restroom : Yes
Women's Restroom : Yes
Parcel No : 05-19.0-337-020, 05-19.0-337-028, & 05-30.0-100-018
Zoning : C-1
Prior Use : Grocery Store
Parking : 46
Parking Surface Type : Asphalt
Property Tax : $16,810.29
Tax Year : 2023
Traffic Count : 14,800
Topography : Flat
Year Built : 2020
Class : A
Clearance Min : 9 ft
Clearance Max : 15 ft
Roof : Membrane
Exterior : Concrete, Masonry, Mixed
Sprinklers : Yes
Floor Type : Reinforced Concrete
Floor Drains : Yes
Acres : 1.88 Acre(s)
Frontage : 233 ft
Depth : 390 ft
Water Provider : City of Lebanon
Water Provider Location : On Site
Sewer Provider : City of Lebanon
Sewer Provider Location : On Site
Gas Provider : Ameren
Gas Provider Location : On Site
Electric Provider : Ameren
Electric Provider Location : On Site
Phase : 3
Low Volts : 208
High Volts : 480
Interstate : Interstates 64, 70, and 55

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