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Flex Space with Shop
For Sale
$125,000

319 Ridge Street, Alton, IL 62002

A corner-lot property combines finished business space with a dedicated garage and workshop area.

Property Size4,710 SF
Price / SF$26.54
Days on Market61

Property Features for 319 Ridge Street

General Information

Standard status Active
Size 4,710 SF
Property subtype Commercial

Site & Location

Corner Location Yes
Utilities to Site Yes
Mixed-Use Components retail/office, garage/shop

Warehouse & Industrial

Clear Height 12 ft
Office Build-Out 3,200 SF
Drive-In Doors 1
Power 200 amps
Three-Phase Power Yes

Additional Details

Property Use Garage/Shop

Taxes and HOA fees

Annual Taxes $3,770

Amenities

reception area
conference room
private offices
kitchen
restrooms
utility area
storage space
garage area
overhead door
3-phase power
200-amp electrical service

Building Details

Building Size 4,710 SF
Year Built 1967
Buildings 1
Construction brick and block
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: Mark Harman · License #471015081
Source: Flowershomerealty
Added: Aug 26 Changed: Oct 23 Last Checked: Oct 23 at 4:45PM

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 Tarrant and Harman Real Estate and Auction Co

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Investment Insights

Based on property information with market context.

This 4,710-square-foot flex property in Alton pairs approximately 3,200 square feet of finished space with a 1,500-square-foot garage and shop. The finished area includes a main room, reception area with a separate exterior entrance, conference room, private offices, kitchen, restrooms, utility area, and storage. The garage has a 12-foot ceiling, a 10' x 10' overhead door, concrete flooring, and additional office or work areas. Electrical service includes 3-phase power and 200-amp capacity.

The brick-and-block building sits on a corner lot and has two addresses, which may allow the space to be divided into separate units. Built in 1967, the property offers a mix of office, customer-facing, and shop space within one building.

Key Highlights

  • 4,710‑square‑foot flex property with approximately 3,200 square feet of finished space and 1,500 square feet of garage/shop area
  • Garage features a 12‑foot ceiling, 10' x 10' overhead door, and concrete floor
  • 3‑phase power and 200‑amp electrical service

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Pharmacy Storage Facility Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
1
Drive-in doors
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

692
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62002, IL

30,176
Population
14,832
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
41.3 sq mi
ZIP Area
731
Density / Sq Mi
$57,851
Median Household Income
$38,120
Median Earnings
$941
Median Rent
$114,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • LaMay's Catering, Inc. — 909 E Broadway, Alton, IL 62002

Frequently Asked Questions

What type of property is this?
Flex space - A corner-lot property combines finished business space with a dedicated garage and workshop area.
Where is this flex space located?
The property is located at 319 Ridge Street Alton, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 4,710‑square‑foot flex property with approximately 3,200 square feet of finished space and 1,500 square feet of garage/shop area; Garage features a 12‑foot ceiling, 10' x 10' overhead door, and concrete floor; 3‑phase power and 200‑amp electrical service
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