1908 State ST Active Save Request In-Person Tour Request Virtual Tour
Granite City,IL 62040
Key Details
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Active
Purchase Type For Sale
Square Footage 17,691 sqft
Price per Sqft $14
Subdivision Granite City
MLS Listing ID 23073462
Year Built 1940
Building Age 84
Lot Size 0.287 Acres
Property Description
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 $280,000 with that property and includes the potential for 3 apartments to be finished & a small boutique on the end cap.
Location
State IL
County Madison-il
Zoning C-4 Central Business District
Interior
Heating Forced Air
Cooling Electric
Exterior
Utilities Available Electricity Available,Gas to Site,Water Available,Sewer Available
Roof Type Composition,Other
Building
Sewer Public Sewer
Water Public
Structure Type Conventional
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition Other,None