700 N State St - Freestanding FOR SALE


Freeburg, IL 62243
$2,100,000 USD
314-714-1100
700 N State St, Freeburg, IL for Sale
$2,100,000 USD
Freestanding - FOR SALE
1/19
null | Request Cap Rate

700 N State St
Freeburg, IL 62243


OVERVIEW

Incredible Investment Opportunity on High-Traffic State Street! This expansive 18,247 sq. ft. mixed-use property sits on 1.210 acres and offers a rare combination of commercial and residential income streams. Featuring 4 retail/commercial spaces along the highly traveled State Street, this property provides maximum visibility and excellent accessibility for tenants and customers alike. The upper levels include 8 well-maintained residential units, each providing tenants with access to desirable amenities such as an elevator, fitness room, and individu-al storage units—making this an appealing choice for long-term occupancy. Great opportunity for investors seeking a strong portfolio addition with stable rental potential. Property financials available upon approved request.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Freeburg Bowl Bldg

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

Highway Business

APN/PARCEL ID

14-19.0-202-002

ASK ABOUT THIS PROPERTY

Jim VonDerHaarBerkshire HathawayMore Info
314-714-1100

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Jim VonDerHaarBerkshire HathawayMore Info
314-714-1100

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