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604-608 E 5th St

0.59 Acres of Commercial Land Offered at $39,990 in Metropolis, IL 62960

Executive Summary

-Also some more info on deed restrictions - there can not be a BBQ restaurant or a pharmacy built on the property until 30 years after purchase. And there is an easement for a city alley through the property. No structure can built over the alley. There can however be a parking lot or driveway put here. Land is now clear of buildings, only existing trees remain.
-New development in the area includes duplexes, a new donut shop across the street, and an adjacent hair salon.
-Next to state highway that runs through city limits.
-Possible uses include retail, restaurant, or office space.

Property Facts Under Contract

Price $39,990
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.59 AC

1 Lot Available

Lot

Price $39,990
Price Per AC $68,126
Lot Size 0.59 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 08-12-304-011
  • 08-12-304-012
Land Assessment
$13,000
Improvements Assessment
$0
Total Assessment
$13,000

zoning

Zoning Code C1
C1
  • Listing ID: 8168932

  • Date on Market: 11/18/2014

  • Last Updated:

  • Address: 604-608 E 5th St, Metropolis, IL 62960

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