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    Warehouses

    1316 16Th St, East St. Louis, IL 62207

    11,402 SF 0.85 ac lot Built 1908
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Year built 1908
    Total area 11,402 SF
    Lot 0.85 ac (37,026 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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