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.w/ 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 rear $119. This area would 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. The property at 1906 on the west side of the building is being totally remodeled to include front commercial space & 2 luxury apartments upstairs. This can be purchased as a package deal at an increased price in spring of 2025.
Listed by Re/Max Alliance, Jim Reppell & Julie Fleck
$
20%
0.88%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
1908 State Street (MLS #23073462) is a commercial listing located in Granite City, IL.
This commercial listing is 17,691 sqft and on a lot of 12,502 sqft (or 0.29 acres) and is 84 years old. This property was listed on 01/09/2024 and has been priced for sale at $245,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Re/Max Alliance
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange
