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    OFF-MARKET
    Commercial real estate

    230 66, Edwardsville, IL 62025

    1.34 ac lot Built 1940
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property in Edwardsville, IL, presents a unique opportunity for a variety of businesses. Situated on a spacious 1.34-acre lot, the property features a fully fenced gravel parking lot, ensuring ample space and security for clients and employees. The main building boasts durable brick construction and a large, open main room with modern porcelain tile flooring, perfect for retail, meetings, or gatherings. Two substantial garage spaces offer versatile storage or workspace options. The first garage, a generous 78' x 18', is ideal for large equipment or vehicle storage, while the second, measuring 18' x 24', includes plumbing for a future bathroom, making it suitable for a workshop or additional workspace. An existing office space and adjacent kitchen area provide convenient amenities. Two half-bathrooms add to the property's functionality. This property's combination of ample space, secure parking, and versatile building features makes it an attractive option for a wide range of commercial ventures. The property is ready for immediate occupancy and offers significant potential for growth and adaptation to various business needs. The location in Edwardsville provides excellent access to local amenities and transportation routes.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1940
    Lot 1.34 ac (58,370 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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