Courtesy of: Jim Reppell, Re/Max Alliance, jimreppell@gmail.com
Courtesy of: Jim Reppell, Re/Max Alliance, jimreppell@gmail.com
$250,000
|
Lot: 0.29 Acres
|
|
Other
|
$250,000
1908 State Street 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.
Courtesy of: Jim Reppell, Re/Max Alliance, jimreppell@gmail.com
Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.