Investment Opportunity: Multi-Tenant Property
$2,750,000
Listing Resources
Listing Description
Multi-Tenant investment property featuring a diverse range of spaces, including a restaurant, distillery, brewery, lounge, event space, sports bar, and a barber shop. Additionally, it includes a beer garden equipped with a concession stand, restrooms, and an elevated stage.
One block south of Illinois 159 in Downtown Collinsville.
Sale Price: $2,750,000
Listing Details
Listing No : 3240
Sale Or Lease : For Sale
Property Type(s) : Investment
Building Size (Sqft) : 20,755 Sqft
Lot Size (Acres) : 0.94 Acre(s)
Sale Price : $2,750,000
Sale Price Per Sqft : $203.64
CAP Rate : 6.80%
NOI : $187,458
Building Total Sqft : 20,755 Sqft
Parcel No : 13-2-21-33-08-202-010, 13-2-21-33-08-202-013, 13-2-21-33-08-202-011, 13-2-21-33-08-202-013.001
Zoning : Planned Uptown Collinsville District
Parking : 20
Parking Surface Type : Concrete
Tax Year : 2025
Traffic Count : 3,950
Year Built : 1930
Rehab Year : 2022
Clearance Min : 10 ft
Clearance Max : 16 ft
Exterior : Brick, Masonry, Stone
Acres : 0.94 Acre(s)
Frontage : 329 ft
Water Provider : City of Collinsville
Water Provider Location : On Site
Sewer Provider : City of Collinsville
Sewer Provider Location : On Site
Gas Provider : Ameren
Gas Provider Location : On Site
Electric Provider : Ameren
Electric Provider Location : On Site
Interstate : 55/70 2 miles North
Insurance : $31,561
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Matt
Barriger
- Office: 618-277-4400 Ext. 17
- Mobile: 618-973-5507
- mattb@barbermurphy.com
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Collin
Fischer - SIOR, CCIM
- Office: 618-277-4400 Ext. 20
- Mobile: 618-420-2376
- collinf@barbermurphy.com