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618-277-4400

7+ Acre Multi-Use Commercial Development Site

$8.92 per SF

Listing Resources

Listing Description

Highly visible 7.46 acre commercial development site accessible from the Morgan Avenue interchange off of I-57. All essential utilities and infrastructure available to site. Located in a TIF District. Excellent site for multi-commercial uses including lodging, restaurants, and entertainment businesses.

The site is located directly off of the I-57 and Morgan Ave. ramp (exit 54) which is the primary commercial and mixed-use development hub in Marion. All essential utilities are located on or near the site which is highly visible from I-57 with an ADT count of over 40,000 vehicles.

Sale price is based on purchase of the entire 7.46 Acres, undivided. Pricing of subdivided parcels are negotiable based on size and location.

Sale Price: $8.92 per SF (Undivided)

Listing Details

Listing No : 2074
Sale Or Lease : For Sale
Property Type(s) : Land, Land - Commercial
Lot Size (Acres) : 7.46 Acre(s)
Min Acres Available : 1.11 Acre(s)
Max Acres Available : 7.46 Acre(s)
Sale Price : $8.92 per SF
Parcel No : 06-14-100-003
Zoning : Business
Zoning By : City of Marion
TIF : Yes
Survey : Yes
Environmental : Yes
Property Tax : $17,627
Tax Year : 2023
Traffic Count : 41,300
Topography : Flat
DivisibleYes
Total Acres Available : 7.46 Acre(s)
Min Divisible Acres : 1.11 Acre(s)
Acres : 7.46 Acre(s)
Frontage : 346 ft
Depth : 755 ft
Water Provider : City of Marion
Water Provider Location : Along Morgan Ave
Sewer Provider : City of Marion
Sewer Provider Location : West of Property Border
Gas Provider : Ameren IL
Gas Provider Location : Along Morgan Ave
Electric Provider : Ameren IL
Electric Provider Location : Substation adjoins Site
Interstate : I-57; Exit 54 (along exit ramp)

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