613 E 5th St - Storefront FOR SALE


Metropolis, IL 62960
$475,000 USD
618-524-3000
613 E 5th St, Metropolis, IL for Sale
$475,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

613 E 5th St
Metropolis, IL 62960


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.38 AC

LAND SF

103,497 SF

ZONING

-

APN/PARCEL ID

08-01-386-003

ASK ABOUT THIS PROPERTY

Cole VickersFarmer & Company Real EstateMore Info
618-524-3000

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

Cole VickersFarmer & Company Real EstateMore Info
618-524-3000

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