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    OFF-MARKET
    Lifestyle centers

    3315 Mississippi Ave, Cahokia Heights, IL 62206

    15,225 SF Built 1983
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 3315 Mississippi Avenue in Cahokia Heights, Illinois, presents a unique investment opportunity. The single-story, 15,225 square foot building, constructed in 1983 and extensively renovated in 2023, offers a variety of flexible office spaces. Currently classified as Class C, the property features six suites, with a minimum divisible space of 1,570 square feet and a maximum contiguous space of 4,500 square feet. A significant 8,770 square feet is currently vacant, providing ample opportunity for expansion or lease to multiple tenants. The building boasts a 9-foot ceiling height and ample parking with 40 spaces available. The property is zoned B-2, Commercial Business, and its APN is 01-35.0-102-003/006. Situated on a high-traffic area of Route 3 (Mississippi Ave), with an average daily traffic count of 20,100, this location offers excellent visibility and accessibility. The property's existing tenants include a diverse mix of businesses, creating a vibrant and established commercial environment. Its proximity to St. Louis, Missouri provides convenient access to a major metropolitan area. This is an ideal opportunity for businesses seeking high-visibility office space in a thriving commercial district. The property is suitable for a variety of uses, including executive offices and general office spaces.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1983
    Total area 15,225 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
    Current use
    Occupant on record · Public records
    • SmarterHome.ai - Compare Local Internet Deals Telecommunications Service Data Center
    • UPS Access Point location Courier Service Postal Service
    • Cahokia Motors Car Dealership Car Wash
    • Low Cost Ignition Interlock Building Supply General Contractor
    • Abc Wireless Mobile Phone Store Electronics & Wireless Store
    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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