909-911 Milton Rd - Retail FOR SALE


Alton, IL 62002
$300,000 USD
618-580-7470
909-911 Milton Rd, Alton, IL for Sale
$300,000 USD
Retail - FOR SALE
1/60
null | Request Cap Rate

909-911 Milton Rd
Alton, IL 62002


HIGHLIGHTS

  • Heavy traffic
  • Store front
  • Warehouse & dock

OVERVIEW

Exceptional investment opportunity – over 14,000 sqft of commercial space on high-visibility, high-traffic Milton Road! This two-building, versatile parcel presents a rare opportunity to own three individual storefronts, multiple warehouses, and room to expand, making it ideal for investors, business owners, or commercial developers. Two of the storefronts are already leased, providing immediate cash flow. The left storefront features nearly 1,500 sq ft, currently operating as a boutique, and includes five private rooms. The center unit spans 2,000 sq ft and home to a dance studio and past hair salon (already a room plumbed for hair wash stations), complete with a small kitchen area with sink and fridge. The right unit—also 2,000 sq ft—is currently vacant and includes 5 spacious rooms with built-in shelving that stays. Behind the storefronts, you'll find a large garage previously used as a mechanic shop, as well as a second warehouse space, accessible via a secure loading dock. A push-button security gate offers private access to the rear of the property & docking area. The upper level provides abundant storage with the potential to finish out 6,000+ sq ft of additional income-producing space. Each unit is equipped with a private bathroom. A newer metal roof was installed in 2015. Don’t miss this unique, income-generating property in one of Alton’s most visible and accessible commercial corridors!

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

C-2

APN/PARCEL ID

23-1-08-17-05-106-002

ASK ABOUT THIS PROPERTY

Tara RiggsRE/MAX AllianceMore Info
618-580-7470

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Tara RiggsRE/MAX AllianceMore Info
618-580-7470

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