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613 E 5th St

2,400 SF 100% Leased Retail Building Metropolis, IL 62960 $475,000 ($198/SF)

Storefront Properties Illinois Metropolis 613 E 5th St, Metropolis, IL 62960

Investment Highlights

  • High traffic counts and excellent visibility.
  • Potential for additional development or reconfiguration.
  • Strategic location near major highways and downtown amenities.
  • Property offers immediate income with room for expansion on its spacious lot.

Executive Summary

Discover this expansive commercial property located on nearly an entire block with frontage on Hwy 45 (5th St), 6th St, Butler St, and Filmore St. Generating $1,800/month from two separate leases, the property offers immediate income with room for expansion on its spacious lot. Ideal for investors or owner-occupiers seeking high visibility and growth opportunities in a thriving commercial area. Key features include the following: Lot dimensions: 280x150 and 360x166 feet. High traffic counts and excellent visibility. Potential for additional development or reconfiguration. Strategic location near major highways and downtown amenities. Explore this opportunity today to secure a versatile commercial property with income and long-term investment potential.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,400 SF
Building Class
C
Year Built
1900
Price
$475,000
Price Per SF
$198
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Land Acres
2.38 AC
Frontage
282 FT on East 5th Street
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PROPERTY TAXES

Parcel Number 08-01-386-003 Improvements Assessment $40,000
Land Assessment $50,000 Total Assessment $90,000

PROPERTY TAXES

Parcel Number
08-01-386-003
Land Assessment
$50,000
Improvements Assessment
$40,000
Total Assessment
$90,000
(618) 524-3000

  • Listing ID: 32260187

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 613 E 5th St, Metropolis, IL 62960

More public record information on 613 E 5th St, Metropolis, IL 62960

The Retail Property at 613 E 5th St, Metropolis, IL 62960 is currently available For Sale. Contact Farmer & Company Real Estate for more information.

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613 E 5th St
(618) 524-3000 x

613 E 5th St

Cole Vickers

(618) 524-3000

(618) 524-3000

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