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Salon-Configured Wellness Property
New
For Sale
$129,000

1501 Garfield Avenue, Granite City, IL 62040

Commercial Sale, Granite City, IL

Property Size1,300 SF
Lot Size0.20 Acres
Price / SF$99.23
Days on Market2

Property Features for 1501 Garfield Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Nameoki Terrace
Standard status Active
APN 22-2-20-08-10-101-020
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5332

Utilities

Heating system Forced Air
Water source Public

Amenities

full basement

Building Details

Year built 1960
Building materials Vinyl Siding
Listing Agency: RE/MAX Alliance · RE/MAX International
Listed By: Kenbra Knight · License #RASI
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 3:06PM
MLS# 26018618

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Configured for salon use, this wellness property contains approximately 1,300 square feet above a full basement. The business is not part of the sale; contents and equipment may be negotiated separately. Building improvements include a roof installed in 2019 and a newer HVAC system and water heater, each dating to approximately 2023. The structure was built in 1960 and has vinyl siding, forced-air heating, and public water.

The 0.2023-acre property occupies a busy corner in Granite City, Illinois. It is commercially zoned, and residential conversion may be possible subject to buyer verification.

Key Highlights

  • Approximately 1,300 square feet with a full basement
  • Salon configuration; business excluded from sale
  • Roof replaced in 2019

Property Analytics

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Current Use

Spa & wellness properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Electrical Service HVAC Service Bakery

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

513
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - The salon-layout building has a full basement and a corner location.
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 $129,000.
What are key features of this property?
This property features: Approximately 1,300 square feet with a full basement; Salon configuration; business excluded from sale; Roof replaced in 2019
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