31 Kettle River Dr - Self-Storage Facilities FOR SALE


Glen Carbon, IL 62034
$350,000 USD
618-304-3917

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$350,000 USD
Self-Storage Facilities - FOR SALE
null | Request Cap Rate

31 Kettle River Dr
Glen Carbon, IL 62034


HIGHLIGHTS

  • Positioned in Glen Carbon’s prime retail corridor near I-270
  • Surrounded by national anchors including Walmart and Lowe’s
  • 28 parking spaces for RV, boat, and vehicle storage
  • CG zoning allows for flexible redevelopment options
  • High-traffic location with 8,250 vehicles per day

OVERVIEW

Located in the heart of the Edwardsville/Glen Carbon retail corridor, 31 Kettle River Drive presents a compelling value-add investment opportunity in one of Metro East’s most desirable submarkets. This 59-unit self-storage facility spans 6,605 square feet on nearly one acre and offers direct access from Route 159, just minutes from I-270. The site is surrounded by major national retailers including Sam’s Club, Home Depot, Walmart, and Lowe’s, ensuring strong visibility and consistent traffic flow with a count of 8,250 vehicles per day. The property includes 28 gravel-surfaced parking spaces suitable for vehicle, RV, and boat storage, enhancing its income potential. With CG zoning and a location adjacent to high-performing retail anchors, the site also offers redevelopment potential for commercial or mixed-use applications. Built in 1977 with block construction, the facility is Class C and includes 400 SF of office space and signage visibility. This asset is ideal for investors seeking to reposition or expand within the self-storage sector, or for developers targeting infill opportunities in a high-demand corridor. The absence of TIF, Enterprise, or Opportunity Zone designations simplifies the transaction process while maintaining flexibility for future enhancements.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

CG

APN/PARCEL ID

14-2-15-23-03-301-051

ASK ABOUT THIS PROPERTY

Carter MarteenyBarberMurphy GroupMore Info
618-304-3917

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Carter MarteenyBarberMurphy GroupMore Info
618-304-3917

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