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112 Main St Belleville, IL 62220

Sponsored
For Sale
$1,625,000

Six-building portfolio, prime location.

Property size:
57,615 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a six-building commercial portfolio totaling 57,615 square feet, ideally situated in Belleville, Illinois's vibrant downtown commercial district. The portfolio comprises six properties located at various addresses on East Main Street and South High Street, all within a single block of the town square. The buildings, constructed in 1887 and extensively renovated in 2019, boast a mix of retail and office space, currently classified as Class B. The portfolio features over 28,000 square feet of street-level finished retail space, already fully leased, complemented by over 1,500 square feet of mezzanine/office space and approximately 10,000 square feet of finished lower-level space. An additional 6,259 square feet of lower-level storage space is also included. Significant potential exists for further development, with over 25,000 square feet across the second and third floors suitable for conversion into office space, lofts, or apartments. The property benefits from convenient access via entrances on both East Main Street and South High Street, and a city-approved parking plan is in place. The property sits within a Tax Increment Financing (TIF) district and Enterprise Zone, offering potential tax advantages. The combined APN numbers are 08-22.0-338-051, 08-22.0-338-029, 08-22.0-338-048, 08-22.0-338-044, 08-22.0-338-043, and 08-22.0-338-017. The asking price for this multi-tenant property is $1,625,000. The 0.62-acre lot is zoned C-2 Heavy Commercial.

Property Features for 112 Main St

General Information

Property type
Office Properties & Spaces
Square Feet
57,615 SF
Class
B
Lot Size
27,007 SF

Building Details

Year Built/Renovated
1887/2019
Stories
3

HighLights

  • Six‑building commercial portfolio totaling 57,615 square feet in Belleville, IL's downtown.
  • Fully leased, Class B retail and office space with significant redevelopment potential.
  • Over 28,000 SF of street‑level retail, 1,500 SF of mezzanine/office, and 16,259 SF of lower‑level space (finished and storage).
  • Located within a single block of the town square, with access from East Main and South High Streets; city‑approved parking plan.
  • Situated in a Tax Increment Financing (TIF) district and Enterprise Zone.
  • $1,625,000 asking price; 0.62‑acre lot zoned C‑2 Heavy Commercial; APNs: 08‑22.0‑338‑051, 08‑22.0‑338‑029, 08‑22.0‑338‑048, 08‑22.0‑338‑044, 08‑22.0‑338‑043, and 08‑22.0‑338‑017.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Belleville
County
St. Clair
State
Illinois
Longitude
-89.982247
Latitude
38.513331

FAQs

What type of property is this?
Office Property / Space - Six-building portfolio, prime location.
Where is this office property / space located?
The property is located at 112 Main St Belleville, IL.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Six-building commercial portfolio totaling 57,615 square feet in Belleville, IL's downtown.; Fully leased, Class B retail and office space with significant redevelopment potential.; Over 28,000 SF of street-level retail, 1,500 SF of mezzanine/office, and 16,259 SF of lower-level space (finished and storage).
More about this property
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