1856 E Broadway - Retail FOR SALE


Alton, IL 62002
$550,000 USD
618-444-9182
1856 E Broadway, Alton, IL for Sale
$550,000 USD
Retail - FOR SALE
1/16
null | Request Cap Rate

1856 E Broadway
Alton, IL 62002


HIGHLIGHTS

  • - Turn Key Restaurant
  • - 2 Vacant Storefronts
  • - Warehouse -currently Month to Month
  • - Average VPD is 8,900

OVERVIEW

This property includes the commercial retail space, warehouse and two car garage. The one storefront is a well established restaurant and shares a common storage area. There is a long time tenant renting the warehouse on a month-to-month basis. The commercial buildings and land are included in the sale. Furniture and fixtures are negotiable. Potential rental income from the storefronts could be $7,500 per month or more. Average VPD is 8,900. Located in a HUBZone.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C2

APN/PARCEL ID

23-1-08-18-09-201-001

ASK ABOUT THIS PROPERTY

Rick LauschkeColdwell Banker Brown RealtorsMore Info
618-444-9182

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

Rick LauschkeColdwell Banker Brown RealtorsMore Info
618-444-9182

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