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    228 Main St Edwardsville, IL 62025

    For Lease
    $25 SF/Yr

    Prime Downtown Edwardsville location, 2,520 SF available.

    Lot size:
    12,104 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,520 square foot office/retail space is ideally situated in the heart of downtown Edwardsville, Illinois, at 228 N Main St, zip code 62025. The property boasts a convenient single-tenant occupancy within a larger building totaling 12,104 square feet. This Class B building, constructed in 1970 and extensively renovated in 2023, offers a blend of modern amenities and classic charm. The space is perfect for a variety of businesses seeking a high-visibility location. The property sits on a 0.75-acre lot and is zoned B2, providing flexibility for various commercial uses. The building is a two-story structure, offering ample space and potential for expansion or customization. Its prime location in Edwardsville provides easy access to the amenities of a thriving downtown area, while its proximity to St. Louis, Missouri (just 18 miles away), offers convenient access to a major metropolitan area. The property's address is 228 N Main St, Edwardsville, IL 62025, and its Assessor's Parcel Number (APN) is 14-2-15-11-10-104-009/011, located in Madison County. This is a rare opportunity to secure a well-maintained, updated space in a highly desirable location.

    Property Features for 228 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,104 SF
    Class
    B
    Total Rate
    25216.67

    Building Details

    Year Built/Renovated
    1970/2023
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,520 SF
    Rate per SF
    $25

    HighLights

    • 2,520 SF office/retail space in downtown Edwardsville, IL.
    • Located at 228 N Main St, Edwardsville, IL 62025 (APN: 14‑2‑15‑11‑10‑104‑009/011).
    • Single‑tenant occupancy in a 12,104 SF Class B building, renovated in 2023.
    • 0.75‑acre lot, B2 zoning.
    • High‑visibility location with easy access to St. Louis, MO (18 miles).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Backstage Bar & Patio Bar SOURCE Juicery Health Food Restaurant Jeff Patterson, Acupuncturist ... Alternative Medicine Practitioner Rising Sun Acupuncture Acupuncture Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Edwardsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9577752
    Latitude
    38.8138984

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Downtown Edwardsville location, 2,520 SF available.
    Where is this office property / space located?
    The property is located at 228 Main St Edwardsville, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 2,520 SF office/retail space in downtown Edwardsville, IL.; Located at 228 N Main St, Edwardsville, IL 62025 (APN: 14-2-15-11-10-104-009/011).; Single-tenant occupancy in a 12,104 SF Class B building, renovated in 2023.
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    228 Main St Edwardsville, IL 62025
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    Edwardsville, IL 62025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    228 Main St Edwardsville, IL 62025
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