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1908 State Street Granite City, IL 62040

$250,000

17691 Square Feet

Tax History: $2156 - 2022

Estimated Payment: $1,184 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$250,000 , Located in GRANITE CITY, GRANITE CITY. ZIP Code: 62040

Great opportunity for a multi use facility in downtown Granite City close to Granite City Steel & Gateway Regional Hospital. Main level use is gym for "Tank Training". 2nd level leased until 2027 with a gross lease at $4,000 per year. Gym equipment has an approx. value of $200,000 new; actual resale value closer to $115,000. Gym & weight equipment can be inc. in sale. Property includes 3 vacant lots in rear on the south on Grand Ave. PP#22-2-19-24-12-202-050, 22-2-19-24-12-202-051 & 22-2-20-19-05-101-042. Tax on 3 lots in rear $119. This area woud be ideal for a large parking lot in order to enter from the rear of the building. Rubber Modified roof 2019. The rear lots could also facilitate potential for a baseball, soccer or exterior volleyball sporting events. This price does not include the 1906 State property MLS# 24024258 but it can be included for $290,000 with that property and includes the potential for 3 apartments to be finished & a small boutique on the end cap.

This property is located on 0.287 Acre(s).

Near By Listings

1906 State Street Granite City, IL 0.01 miles

1100 Niedringhaus Avenue Granite City, IL 0.37 miles

928 Niedringhaus Ave Granite City, IL 0.69 miles

2401 Delmar Ave Granite City, IL 0.72 miles

901 Niedringhaus Avenue Granite City, IL 0.77 miles

Main Features:

Approximate lot size is 0 Acre(s)

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MLS#: 23073462
Listing ID: 43563
Updated: 1 hour and 31 mins ago
Days on site: 130 days

Listing provided by

Jim Reppell

RE/MAX Alliance

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2024 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.