12258 Cedar Grove Rd - Industrial FOR SALE


Marion, IL 62959
$550,000 USD
12258 Cedar Grove Rd, Marion, IL for Sale
$550,000 USD
Industrial - FOR SALE
1/25
null | Request Cap Rate

12258 Cedar Grove Rd
Marion, IL 62959


HIGHLIGHTS

  • Corner location at Route 37 and Cedar Grove Road
  • Fenced site with security gate for controlled access
  • Existing advertising installation generates reported annual income
  • Concrete floors throughout the warehouse buildings support heavy-use applications

OVERVIEW

12258 Cedar Grove Road presents an opportunity to acquire a versatile commercial asset positioned at the northwest corner of Route 37 and Cedar Grove Road in Marion, Illinois. The property combines industrial functionality, office capabilities, and an existing income-producing component within a single commercial offering. Its corner location along a well-traveled corridor provides convenient access to Marion's business community, regional transportation routes, and the broader Southern Illinois market. The improvements include a newly constructed 45' x 75' pole barn featuring three overhead doors, substantial insulation, a concrete floor, and heating infrastructure designed to support a variety of operational needs. A second pole barn adds additional storage and workspace flexibility, creating an environment suitable for industrial users, contractors, service businesses, equipment operators, agricultural support operations, and owner-occupants seeking room for expansion. Further enhancing the property's utility is a remodeled office building configured with three offices, a sales area, two restrooms, and a kitchen with gathering space. This layout supports administrative, customer-facing, and operational functions within the same site. The fenced grounds and security gate contribute to controlled access and equipment storage capabilities. An established advertising installation on the exterior of the larger building reportedly generates approximately $14,000 in annual income, providing an additional revenue component for investors or owner-users. With multiple buildings, flexible configurations, office infrastructure, and income potential, the property offers a combination of operational utility and investment appeal in one commercial asset.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81

LAND SF

35,284

ZONING

COMMR

APN/PARCEL ID

06-01-400-012

ASK ABOUT THIS PROPERTY

Dave ThompsonCentury 21 House of Realty, IncMore Info

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Dave ThompsonCentury 21 House of Realty, IncMore Info

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