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Multi-Entrance Mixed-Use Building
New
For Sale
$99,900

1101 E 5th St, Metropolis, IL 62960

A flexible interior and separate utility meters support occupancy by more than one tenant.

Property Size3,000 SF
Price / SF$33.30
Days on Market7

Property Features for 1101 E 5th St

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial

Building Details

Year Built 1924
Listing Agency: Farmer & Co. Real Estate
Listed By: Tiffany Korte, ABR,AHWD,GREEN (618) 645-9088
Source: Illianahomesource
Added: Sep 19 Changed: Sep 24 Last Checked: Sep 24 at 10:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Farmer & Co. Real Estate

Investment Insights

Based on property information with market context.

Built in 1924, this vacant mixed-use property has several exterior entrances, one full bathroom, two half bathrooms, and a handicap-accessible ramp. Two electric meters offer the potential to serve separate occupants. The building was most recently used for professional office space, and its layout may support office, retail, residential rental, or combined uses, subject to applicable zoning and approvals. A range, dishwasher, and microwave are also included.

The property is situated along US Highway 45 in Metropolis. Parking is available in a side lot and along the rear alley, with capacity for 12+ vehicles. The exterior was recently painted.

Key Highlights

  • Built in 1924; most recently used as professional office space
  • Two electric meters and several exterior entrances
  • Parking for 12+ vehicles in the side lot and rear alley

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Plumbing Service Bakery HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby

Demographics for 62960, IL

10,792
Population
5,462
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
90%
High-School Grad
112.8 sq mi
ZIP Area
96
Density / Sq Mi
$61,702
Median Household Income
$37,081
Median Earnings
$789
Median Rent
$122,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A flexible interior and separate utility meters support occupancy by more than one tenant.
Where is this mixed-use property located?
The property is located at 1101 E 5th St Metropolis, IL.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Built in 1924; most recently used as professional office space; Two electric meters and several exterior entrances; Parking for 12+ vehicles in the side lot and rear alley
More about this property
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