11.31 Acre Site - Multiple Buildings Industrial FOR SALE


Worden, IL
$750,000 USD
314-409-7283
, Worden, IL for Sale
$750,000 USD
Industrial - FOR SALE
1/2
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11.31 Acre Site - Multiple Buildings
Worden, IL


HIGHLIGHTS

  • Income-producing with five tenants across buildings and yard
  • Adjacent to Norfolk Southern rail line with future rail potential
  • Two acres of farm ground available for development
  • Renovated in 2023 with clear span warehouse interiors
  • Located 2.5 miles from I-55 and 40 miles from St. Louis

OVERVIEW

Industrial property on 11.31 acres with 2-buildings totaling 13,400 sf of warehouse space. The warehouses are currently leased by three (3) tenants on short term leases. +/- 6.5 is improved with rock for outdoor storage. The 6.5 acres are leased by two (2) tenants. All leases are at below market value lease rates. There are 2 acres of farm ground available for further development. 655 Main Street – 2,400 sf wood frame, metal skin warehouse. 726 Main Street- 10,408 sf wood frame, metal skin warehouse. Total Net Annual Income is $23,808.24. Worden is a village situated in Madison County. Geographically, it is in the southwestern part of Illinois, within the United States. It lies approximately 40 miles northeast of St. Louis, Missouri, and is in close proximity to the larger city of Edwardsville, Illinois. The property is located on the south east end of Worden adjacent to the NS Railroad approximately 2.5 miles to Interstate 55. Worden has a population of 1,096.

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Steve ZuberBarberMurphy GroupMore Info
314-409-7283

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Steve ZuberBarberMurphy GroupMore Info
314-409-7283

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