Downtown Flex Warehouse
201 W High Street Edwardsville, IL 62025
For Sale
$900,000
COMMERCIAL - Edwardsville, IL
Property Size17,000 SF
Lot Size0.61 Acres
Price / SF$52.94
Days on Market37
Property Features for 201 W High Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Standard status
- Active
- APN
- 14-2-15-11-10-102-038
- Lot size
- 0.61 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7768
Utilities
- Heating system
- Baseboard, Natural Gas, Zoned, Forced Air
- Cooling system
- Window Unit(s), Central Air, Zoned, Electric
- Water source
- Public
Building Details
- Year built
- 1940
- Flooring type
- Wood, Vinyl, Concrete, Carpet, Tile - Ceramic
- Building materials
- Frame, Metal Siding
Listing Agency:
Coldwell Banker Brown Realtors
(618) 656-2278
Listed By:
Angela Zangori · License #475.211647
(618) 692-7290
Added: Jun 17
Changed: Jul 22
Last Checked: Jul 23 at 11:06AM
MLS# 26011874
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.
This for-sale commercial flex warehouse property includes dedicated office space, an expansive warehouse area, and a receiving setup with a loading dock. The building also features two overhead doors and eight storage-unit style spaces designed for additional income or operational flexibility.
The property is located in downtown Edwardsville at 201 W High Street. It is situated on a 0.61-acre lot and is zoned B-2.
With its combination of office, warehouse, loading/receiving, and storage-unit style spaces, the building supports multiple on-site uses consistent with a flexible commercial layout.
The property is located in downtown Edwardsville at 201 W High Street. It is situated on a 0.61-acre lot and is zoned B-2.
With its combination of office, warehouse, loading/receiving, and storage-unit style spaces, the building supports multiple on-site uses consistent with a flexible commercial layout.
Key Highlights
- 17,000+ SF downtown Edwardsville commercial building zoned B‑2
- Includes dedicated office space plus expansive warehouse area
- Loading dock with receiving area, two overhead doors, and warehouse loading access
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.0k | $6.06 |
| − Vacancy | −$2.7k | −$0.16 |
| EGI | $100.3k | $5.90 |
| − OpEx | −$30.1k | −$1.77 |
| NOI | $70.2k | $4.13 |
17,000 SF · lease $6.06/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.98M
$2.61M – $3.48M
NOI $208,631 @ 7.0% cap · market cap 23.18%
Second Best
Warehouse
$1.22M
$1.07M – $1.42M
NOI $85,290 @ 7.0% cap · market cap 9.48%
Theoretical Best
Office A
$4.63M
$4.05M – $5.41M
NOI $324,360 @ 7.0% cap · market cap 36.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kitchenland
Hardware & Home Improvement
Similar Off Market Nearby
- Bella Catering — NO Nelson - N7, 7 600 Troy Rd, Edwardsville, IL 62025
- Kitchen Scratch Catering — 600 Troy Rd, Edwardsville, IL 62025
- Clean Eatz — 316 S Buchanan St, Edwardsville, IL 62025
FAQs
What type of property is this?
Flex space - Flex warehouse building with dedicated office space, loading dock, receiving area, and overhead doors, zoned B-2.
Where is this flex space located?
The property is located at 201 W High Street Edwardsville, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 17,000+ SF downtown Edwardsville commercial building zoned B‑2; Includes dedicated office space plus expansive warehouse area; Loading dock with receiving area, two overhead doors, and warehouse loading access
