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618-277-4400

Retail Building For Sale

$225,000

Listing Resources

Listing Description

6 Unit – 7,125 SF Retail Building available for sale. Excellent location off of Highway 50 (Lincoln Trail) with 16,500 Daily Traffic Count. Two vacant bays are in process renovation, preparing to Lease. Sale Price represents 16.7% CAP Rate when fully leased.

Listing Details

Settings
Listing No : 2005
Sale Or Lease : For Sale
Property Type(s) : Office, Retail - Freestanding
Building Size (Sqft) : 7,125 Sqft
Lot Size (Acres) : 0.48 Acre(s)
Total Sqft Available : 7,125 Sqft
Sale Price : $225,000
Sale Price Per Sqft : $31.58
Building Total Sqft : 7,125 Sqft
Total Sqft Available : 7,125 Sqft
Office : 3,563 Sqft
Retail : 3,562 Sqft
Min Divisible Sqft : 7,125 Sqft
Max Contiguous Sqft : 7,125 Sqft
Parcel No : 03-29.0-401-026
Zoning : PB
Zoning By : Fairview Heights
Property Tax : $8,257
Tax Year : 2017
Traffic Count : 16,500
Year Built : 1959
Rehab Year : 1970
Floors : 1
Total Units : 6
Total Acres Available : 0.48 Acre(s)
Acres : 0.48 Acre(s)
Interstate : I-64

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