104 St. Clair Ave, East St. Louis, IL 62207
This exceptional industrial property presents a rare opportunity in the Metro East, SW Illinois submarket of St. Louis MSA. The offering encompasses a 13,200 square foot warehouse situated on a substantial 8.33-acre lot, featuring a convenient KCS rail spur. Built in 1940 and renovated in 2012, the property includes two single-story buildings with ceiling heights ranging from 14 to 18 feet. The warehouse boasts ample parking with capacity for 100+ vehicles and benefits from 3-phase power. The property is fully fenced and features improved surface throughout. The site enjoys excellent frontage along St. Clair Avenue, measuring 538 feet. Currently vacant, the entire 13,200 square feet is available for lease. The property is zoned M-2 Heavy Industrial, aligning perfectly with various industrial uses. An additional 6 acres of adjacent land is also available for lease at a rate of $1,500 per acre, per month, NNN. The property's location in East St. Louis, IL (zip code 62207) provides easy access to major transportation routes. This property is ideal for businesses requiring rail access, substantial warehouse space, and ample outdoor storage. The property's history as a former lumber yard adds to its unique character and potential. Consider this prime location for your next industrial venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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