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Multi-Building Retail and Office
For Sale
$400,000

655 Berkshire Boulevard, East Alton, IL 62024

Two brick buildings totaling 39,000 square feet offer flexible retail or office use with ample parking and an overhead door.

Property Size39,178 SF
Price / SF$10.26
Days on Market619

Property Features for 655 Berkshire Boulevard

General Information

Standard status Active
Size 39,178 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $22,160

Building Details

Building Size 39,178 SF
Year Built 1960
Buildings 2
Stories 1
Listing Agency: Landmark Realty
Listed By: Nicholas Schranck · License #475.194759
Source: Century21laclede
Added: Dec 13, 2024 Changed: Aug 24 Last Checked: Aug 23 at 12:30PM

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 Landmark Realty

Investment Insights

Based on property information with market context.

The property consists of two brick buildings with a total of 39,000 square feet of space. The existing configuration supports a range of potential uses, including retail and/or office space, as well as storage conversion and other possibilities to be confirmed. The buildings include ample parking and an overhead door.

The asset is described as being located in a retail center setting at 655 Berkshire Boulevard in East Alton, Illinois.

For buyers and tenants, the combination of two separate buildings and on-site parking provides straightforward options for flexible occupancy while accommodating service needs associated with the overhead door.

Key Highlights

  • Two brick buildings with a combined 39,000 SF of space
  • Flexible space with possible uses including retail and/or office
  • Ample parking on site

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Big Box & Wholesale Store Dental Office

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

136
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Dining 22%
Dollar General Shops & Services
5,606 visits/mo 0.3 miles
SUBWAY Dining
1,549 visits/mo 0.3 miles

Demographics for 62024, IL

9,337
Population
4,719
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
1,729
Density / Sq Mi
$60,775
Median Household Income
$43,330
Median Earnings
$851
Median Rent
$112,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Two brick buildings totaling 39,000 square feet offer flexible retail or office use with ample parking and an overhead door.
Where is this retail space located?
The property is located at 655 Berkshire Boulevard East Alton, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two brick buildings with a combined 39,000 SF of space; Flexible space with possible uses including retail and/or office; Ample parking on site
More about this property
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