Fitness Training Facility with Leased
For Sale
Contact for pricing
1908 State St, Granite City, IL 62040
Multi-level fitness training facility with second-level space leased through 2027 and a rubber modified roof installed in 2019.
Property Size17,691 SF
Price / SF$11.30
Days on Market873
Property Features for 1908 State St
General Information
Standard status
Active
Size
17,691 SF
Property subtype
SPECIALTY
Listing Agency:
RE/MAX Alliance | Edwardsville
(618) 791-7663
Listed By:
Jim Reppell · License #475125734
(618) 791-7663
Source:
Moodyscre
Added: Mar 20, 2024
Changed: Aug 8
Last Checked: Aug 8 at 8:45AM
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 RE/MAX Alliance | Edwardsville
Investment Insights
Based on property information with market context.
This multi-use facility is set up for fitness training. The main level is used as a gym for “Tank Training,” and the second level is leased through 2027 under a gross lease structure. The sale can include gym and weight equipment. The property also includes an additional small lot on the west side of the building.
The building is located downtown Granite City, close to Granite City Steel and Gateway Regional Hospital. It includes three vacant lots in the rear on Grand Ave. A rubber modified roof was installed in 2019. The property is also described as having space and outdoor areas that may support a range of sports uses, with astro turf located in several areas and extra lots for outdoor training.
Planned conversion potential is also mentioned for the west side of the building, including the possibility of completing apartments, or using the main level for office or boutique space with apartments up.
The building is located downtown Granite City, close to Granite City Steel and Gateway Regional Hospital. It includes three vacant lots in the rear on Grand Ave. A rubber modified roof was installed in 2019. The property is also described as having space and outdoor areas that may support a range of sports uses, with astro turf located in several areas and extra lots for outdoor training.
Planned conversion potential is also mentioned for the west side of the building, including the possibility of completing apartments, or using the main level for office or boutique space with apartments up.
Key Highlights
- Main level gym used for “Tank Training”
- Second level leased through 2027 under a gross lease structure
- Rubber modified roof installed in 2019
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 62040, IL
40,872
Population
18,842
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
1,024
Density / Sq Mi
$60,558
Median Household Income
$40,963
Median Earnings
$852
Median Rent
$106,600
Median Home Value
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Similar Off Market Nearby
- Dawson's Fitness & Bootcamp — 1815 Delmar Ave, Granite City, IL 62040
- GC Tribe Baseball & Softball Association — 1815 Delmar Ave, Granite City, IL 62040
- Digital Creator — 1925 Madison Ave, Granite City, IL 62040
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Multi-level fitness training facility with second-level space leased through 2027 and a rubber modified roof installed in 2019.
Where is this fitness center & gym located?
The property is located at 1908 State St Granite City, IL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Main level gym used for “Tank Training”; Second level leased through 2027 under a gross lease structure; Rubber modified roof installed in 2019
