Property profile

614 89Th St Belleville, IL 62203

OFF-MARKET
Retail properties & Spaces
10,294 SF 1.88 ac lot
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Property summary

AI-generated overview

This exceptional Belleville, Illinois, commercial property presents a unique opportunity for businesses seeking a prominent location. Situated in a highly visible strip center at the city's entrance, this single-story building offers 3,294 square feet of immediately available space within a larger 10,294 square foot complex. The space boasts a versatile open floor plan, easily adaptable to various business needs. Two restrooms and a circuit breaker electric panel are included. The property benefits from a convenient location at a signalized intersection on West Main St, ensuring high visibility and easy access for clients and employees. Ample parking is provided with 42 spaces available for the entire center. The building is classified as Class C and sits on a 1.88-acre lot. The property is suitable for a variety of uses, including traditional office and medical office spaces, as indicated by its mixed-use zoning. The minimum divisible space is 3,294 square feet, and the maximum contiguous space available is also 3,294 square feet. This presents an ideal opportunity for a business seeking a well-located, adaptable space in a thriving Metro East submarket. The property's strategic location and ample parking make it an attractive option for businesses seeking high visibility and convenient access. The available space is part of a multi-tenant building with a total of 10,294 square feet.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,294 SF
Lot 1.88 ac (81,893 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

614 89Th St Belleville, IL 62203
Belleville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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