1186 S State Route 157 - Loft/Creative Space FOR SALE


Edwardsville, IL 62025
$1,900,000 USD
618-334-4255
1186 S State Route 157, Edwardsville, IL for Sale
$1,900,000 USD
Loft/Creative Space - FOR SALE
1/83
null | Request Cap Rate

1186 S State Route 157
Edwardsville, IL 62025


HIGHLIGHTS

  • Heavy traffic count - over 19,900 vehicles per day - located in the thick of everything happening along State Route 157, Edwardsville
  • Executive style, high-end finishes within the office area. Loft -flex space. Impressive warehouse space.
  • Full brick exterior, oversized garage doors, covered patio/car port area.

OVERVIEW

Same GREAT building, only the price has changed. LOCATION! LOCATION ! LOCATION! SO MANY COMMERCIAL POSSIBILITIES! Over 7190 sq ft commercial building comprised of 2429 sq ft of office space and 3776 sq ft of warehouse space nestled on a 1.28-acre lot in the thick of all the growth that's occurring on State Route 157, Edwardsville. Over 205' of frontage along the heavy traffic count of over 19,900 vehicles/day. A full brick exterior, 47 parking spaces (possible to add much more) & high-quality interior finishes makes this an excellent business environment. Inside: A front reception area, beautiful interior offices, a sound-proof conference room, break room & an upper-level lounge quarter. The enormous warehouse space features 2 over-sized garage doors (18'), 1- 9' garage door, vaulted ceilings, & thick concrete flooring for heavy equipment. The exterior features a 22x59 covered patio/car port, monument signage, professional landscape & plenty of green space. Possible uses: Office space, distribution center, warehouse, retail, showroom, service center & more! Operating expenses are not displayed (- this variable of utility expenses, etc., is per occupant use)- sale is land and building only with taxes shown as expense. Occupancy date is negotiable. Seller will need to rent back until April 2025.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

Commercial

APN/PARCEL ID

14-2-15-22-10-101-002

ASK ABOUT THIS PROPERTY

Randy MalawyRE/MAX AllianceMore Info
618-334-4255

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Randy MalawyRE/MAX AllianceMore Info
618-334-4255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.