344 St Louis ave - Office FOR SALE


East Alton, IL 62024
$229,900 USD
618-433-9436
344 St Louis ave, East Alton, IL for Sale
$229,900 USD
Office - FOR SALE
1/50
null | Request Cap Rate

344 St Louis ave
East Alton, IL 62024


OVERVIEW

INVESTMENT OPPORTUNITY! This sprawling commercial office building offers 4,658 sq. ft. of space and has successfully served the Metro East as a law office and accounting firm for the past 30 PLUS YEARS. This building could house multiple businesses and currently boasts 11 offices, a conference room, a reception area, a kitchen and 5 restrooms. Situated on the BUSY CORNER of West St. Louis Avenue and Smith Street, this HIGH TRAFFIC LOCATION offers a daily traffic count of 8,300. The numerous office spaces and layout of this building allow for a steady revenue stream or a blank canvas for a business of your choosing. SEVERAL RECENT UPDATES including but not limited to: Rear Office A/C and Furnace new (2025), Front Office Furnace new (2024), A/C (2021), and a New Roof (2022). Two of the offices are currently rented with the tenants wishing to remain if agreeable to the new owners. The two included parking lots that serve this building have been sealed and allow for ample parking. The sizable storage shed will be conveyed to the new owners as part of the sale. This property is comprised of two (2) parcel ID's: 19-2-08-16-17-302-006 & 19-2-08-16-17-302-005. Call today to schedule an appointment!

FOR SALE DETAILS

PRICE

$229,900 USD

PRICE/SF

$49 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

344 St Louis ave, East Alton, IL

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,658 SF

ZONING

Commercial

APN/PARCEL ID

19-2-08-16-17-302-005,19-2-08-16-17-302-006

ASK ABOUT THIS PROPERTY

Shane KampTarrant & Harman Real Estate and Auction Co.More Info
618-433-9436

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Shane KampTarrant & Harman Real Estate and Auction Co.More Info
618-433-9436

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