1316 16Th St, East St. Louis, IL 62207
This exceptional industrial property, located at 1316 S 16th St, East St. Louis, IL 62207, presents a unique investment opportunity. The 11,402 square foot building sits on a 0.85-acre lot and offers a blend of warehouse and office space, perfect for a contractor or similar business. Built in 1908 and renovated in 2007, this Class C warehouse boasts 8,584 square feet of warehouse space featuring a 15-foot clear ceiling height, one 8'x10' dock door, and two drive-in doors (14'x20' and 11'x12'). An additional 2,784 square feet is dedicated to office space. The property includes a fenced 0.44-acre yard and benefits from convenient access to I-44 and I-64, as well as the Poplar Street Bridge, placing it less than two miles from the Mississippi River. The property is zoned for industrial use and is offered at an asking price of $1,200,000. This is a single-tenant, NNN lease property with no credit rating required for the tenant. The building is two stories and has one loading dock with two dock-high doors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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