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Corner Commercial Salon Building
For Sale
$155,000

1501 Garfield Avenue, Granite City, IL 62040

Well-maintained commercial building set up as a salon with bright interior space and a full basement on a busy corner.

Property Size1,300 SF
Price / SF$119.23
Days on Market147

Property Features for 1501 Garfield Avenue

General Information

Standard status Active
Size 1,300 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,332

Building Details

Year Built 1960
Buildings 1
Listing Agency: Century 21 Bailey & Company
Listed By: Kenbra Knight · License #RASI
Source: Century21laclede
Added: Apr 1 Changed: Aug 23 Last Checked: Aug 24 at 3:26PM

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 Century 21 Bailey & Company

Investment Insights

Based on property information with market context.

This approximately 1,300 sq ft commercial property is currently configured as a salon with a bright, open interior and flexible space for a range of business uses. A full basement adds practical additional area for storage, workspace, or future expansion. The business itself is not included in the sale, but contents and equipment are negotiable.

The building is positioned on a busy corner for visibility and accessibility. Zoning is commercial, with potential for residential conversion noted in the remarks (buyer to verify).

Recent improvements include a roof replacement in 2019, along with newer HVAC and a water heater (approximately 2023).

Key Highlights

  • Approximately 1,300 SF commercial building currently set up as a salon with a bright, open interior layout
  • Zoned commercial with potential for residential conversion (buyer to verify)
  • Full basement for added storage or workspace

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Parking Lot & Garage HVAC Service

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

544
Businesses Nearby
Under-served
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Well-maintained commercial building set up as a salon with bright interior space and a full basement on a busy corner.
Where is this spa & wellness property located?
The property is located at 1501 Garfield Avenue Granite City, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Approximately 1,300 SF commercial building currently set up as a salon with a bright, open interior layout; Zoned commercial with potential for residential conversion (buyer to verify); Full basement for added storage or workspace
More about this property
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