Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    204 7Th St Metropolis, IL 62960

    Sponsored
    For Sale
    $84,900

    Prime Metropolis location, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 204 W 7TH Street in Metropolis, Illinois, 62960, presents a unique investment opportunity. Priced at $84,900, this land parcel offers significant potential for a variety of uses. Previously operating as a successful bar and grill, the property is ideally suited for a restaurant or retail establishment. The existing building includes a substantial amount of inventory that will convey with the sale, significantly reducing start-up costs for the new owner. This inventory includes tables, chairs, coolers, a grill, and other valuable equipment. The property's location in Massac County, Illinois, provides excellent visibility and accessibility. The latitude and longitude coordinates are 37.1536039, -88.7321345, respectively. This is a turnkey opportunity for an entrepreneur looking to establish a thriving business in a vibrant community. The property is classified as both land and retail, making it versatile and adaptable to a range of business plans. Don't miss this chance to acquire a well-situated property with existing infrastructure and equipment, ready for immediate use. Serious inquiries are encouraged.

    Property Features for 204 7Th St

    General Information

    Property type
    Restaurants
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Metropolis
    County
    Massac
    State
    Illinois
    Longitude
    -88.7321345
    Latitude
    37.1536039

    Nearby Comparable

    • $79,900
      2,100 SF

      Metropolis Commercial Building - Huge Potential

      Prime location, established business, includes inventory.
      204 7Th St, Metropolis, IL 62960
      View Details
    • $107,000

      Commercial Building on Market Street

      Commercial building with established renters, great investment opportunity.
      623 Market St, Metropolis, IL 62960
      View Details
    • $175,000
      4,155 SF

      Metropolis Commercial Space - High Visibility

      Versatile retail space, apartment included. Great location!
      215 5Th St, Metropolis, IL 62960
      View Details
    • $39,900

      Commercial Land in Metropolis, IL

      Commercial land available in Metropolis, Illinois, with investment potential.
      716 W 19Th St, Metropolis, IL 62960
      View Details
    • $475,000

      Metropolis Commercial Land & Buildings

      High-Yield Commercial Property in Metropolis, IL
      613 5Th St, Metropolis, IL 62960
      View Details
    • $50,000
      3,960 SF

      Metropolis Commercial Building - Huge Potential

      3960 sq ft Commercial Space - Investment Opportunity
      716 19Th St, Metropolis, IL 62960
      View Details
    • $50,000

      Metropolis IL Commercial Land Investment

      Two-building commercial land; prime investment opportunity.
      716 19Th St, Metropolis, IL 62960
      View Details
    • $475,000
      2,400 SF

      Metropolis Commercial Property - High Income

      Prime location, high visibility, strong rental income.
      613 5Th St, Metropolis, IL 62960
      View Details
    • $475,000
      2.33 Acres

      Commercial Property in Metropolis, IL

      Spacious commercial property with income and growth potential.
      613 E 5Th St, Metropolis, IL 62960
      View Details
    • $100,000

      Metropolis Office Building - $100K

      Prime Metropolis medical/office space. High potential, adaptable building.
      0 Tbd Butler St, Metropolis, IL 62960
      View Details

    Nearby Similar for Sale

    • $107,000

      Commercial Building on Market Street

      Commercial building with established renters, great investment opportunity.
      623 Market St, Metropolis, IL 62960
      View Details
    • $140,000

      Commercial Property or Duplex

      Commercial property or duplex in Metropolis, Illinois. Currently rented.
      1101 E 5Th St, Metropolis, IL 62960
      View Details
    • $85,000

      Commercial Warehouse in Metropolis, IL

      Warehouse with parking lot and unfinished loft in central location.
      1017 E 5Th St, Metropolis, IL 62960
      View Details
    • $45,000
      1.17 Acres

      Residential Lot with Trailer Hookups

      1.17-acre lot with trailer hookups in Metropolis, Illinois.
      798 Airport Rd, Metropolis, IL 62960
      View Details
    • $79,900
      2,100 SF

      Metropolis Commercial Building - Huge Potential

      Prime location, established business, includes inventory.
      204 7Th St, Metropolis, IL 62960
      View Details
    • $50,000
      3,960 SF

      Metropolis Commercial Building - Huge Potential

      3960 sq ft Commercial Space - Investment Opportunity
      716 19Th St, Metropolis, IL 62960
      View Details
    • $475,000
      2,400 SF

      Metropolis Commercial Property - High Income

      Prime location, high visibility, strong rental income.
      613 5Th St, Metropolis, IL 62960
      View Details
    • $175,000
      4,155 SF

      Metropolis Commercial Space - High Visibility

      Versatile retail space, apartment included. Great location!
      215 5Th St, Metropolis, IL 62960
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Metropolis location, high potential.
    Where is this restaurant located?
    The property is located at 204 7Th St Metropolis, IL.
    What is the asking price?
    The asking price for this property is $84,900.
    Request Owner's contact information
    204 7Th St Metropolis, IL 62960
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    204 7Th St
    Metropolis, IL 62960
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    204 7Th St Metropolis, IL 62960
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.