108-112 E Main St - Department Store FOR SALE


Belleville, IL 62220
$975,000 USD
618-578-3598
108-112 E Main St, Belleville, IL for Sale
$975,000 USD
Department Store - FOR SALE
1/17
null | Request Cap Rate

108-112 E Main St
Belleville, IL 62220


HIGHLIGHTS

  • Located on Main Street

OVERVIEW

This property includes 108, 110, and 112 E. Main Street in downtown Belleville, IL. There is also an entrance at 12 S. High Street. 4 Parcels total. 92+- frontage on East Main. Belleville IL is the highest populated City south of Springfield IL all the way to the Kentucky border, with 44,000+ residents. This property was a successful retail store for 5+/- decades. Located 2 blocks from the St. Clair County Court House. Parking in the rear and Public Parking in the rear of the property, adjacent to High Street. On street parking on High Street and East Main Street. Cargo/Service elevator which services all 3 floors. Built in 1880-1890 Zoned C-2 Heavy Commercial 2nd and 3rd floors could be developed into offices or lofts/residential. Loading dock at the rear of the building. Lower level consists of 4,048 SF retail space Landlord will consider a lease for a long term, well established tenant. Ceiling height varies. 112 E. Main ground floor - 5823.64 SF 08-22.0-338-048 - taxes = $9,634.64 110 E. Main ground floor - 4,529.25 SF, 08-22.0-338-051 - taxes = $4,623.82 108 E. Main ground floor - 2,000.00 SF, 08-22.0-338-029 - taxes = $2,480 12 S. High ground floor - 5,170 SF, 08-22.0-338-029 - taxes = $4,509

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Health Club

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1882

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C-2

APN/PARCEL ID

08-22.0-338-029,08-22.0-338-044,08-22.0-338-048,08-22.0-338-051

ASK ABOUT THIS PROPERTY

Luke AllanKunkel Commercial GroupMore Info
618-578-3598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Luke AllanKunkel Commercial GroupMore Info
618-578-3598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.