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121 Westgate Ave Salem, IL 62881

Sponsored
For Sale
$485,000

24,000 sq ft, 2.2 acres, high traffic area

Property size:
24,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
342
This exceptional commercial property in Salem, IL presents a significant investment opportunity. Located in a high-traffic B3 business-zoned area, the property encompasses 24,000 square feet across five buildings situated on a 2.2-acre lot. The main building, a substantial 12,000 square feet, features two 10'x9' overhead doors, providing excellent access for loading and unloading. This building, along with a warehouse and office space, comprises a significant portion of the total square footage. A new roof installed in 2018 comes with a transferable warranty, offering peace of mind to the new owner. The property also includes four additional outbuildings. Outbuilding 1 offers 1,344 square feet. Outbuilding 2 boasts 4,416 square feet, a 9'6"x11'6" overhead door, and a 1,248 square foot lean-to. Outbuilding 3, at 5,280 square feet, includes a 9'6"x9' overhead door and water access. Finally, Outbuilding 4, measuring 1,248 square feet, features a 9'6"x10' overhead door and requires access through Outbuilding 3. Six self-storage units are also included on the property. The property's layout includes a large gravel road providing access to the rear buildings and ample parking. The previous tenant operated a home center, demonstrating the property's suitability for a variety of commercial uses. City street access ensures excellent visibility and convenient transportation. This property offers a rare combination of size, location, and features, making it an ideal investment for a discerning buyer. The asking price is $485,000.

Property Features for 121 Westgate Ave

General Information

Property type
Other commercial real estate
Square Feet
24,000 SF
Lot Size
95,832 SF

Location Intelligence

Current Use by Public Records

Rollinson's Home Center ... Home Improvement Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Illinois
Longitude
-88.96549
Latitude
38.62394

FAQs

What type of property is this?
Commercial real estate - 24,000 sq ft, 2.2 acres, high traffic area
Where is this commercial real estate located?
The property is located at 121 Westgate Ave Salem, IL.
What is the asking price?
The asking price for this property is $485,000.
More about this property
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