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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

60 Four Corners Ln East St. Louis, IL 62207

4.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6,180-square-foot commercial property, formerly known as PT's Show Club, presents a unique investment opportunity in East St. Louis, Illinois. Located at 60 Four Corners Ln, 62207, this versatile property sits on a mostly flat 4.1-acre lot zoned for commercial use. The building itself is offered as-is, including all existing furniture, fixtures, and equipment (FFE). Its previous use as a restaurant and bar suggests potential for similar ventures, however, the property's size and zoning offer a wide range of possibilities. Entrepreneurs could explore various options, such as industrial uses, contractor or landscaper operations, truck parking and outside storage, or even the development of income-producing self-storage units. Religious organizations may also find this location suitable. The property's location in St. Clair County provides convenient access to major transportation routes. Prospective buyers are responsible for conducting their own due diligence regarding permitted uses. This is a remarkable chance to acquire a substantial property with significant redevelopment potential at an attractive price point of $395,000. The expansive lot size and existing building provide a solid foundation for a variety of business ventures.

Property profile
Verified
Property type Retail properties & Spaces
Lot 4.1 ac (178,596 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
  • Sweet Bella's Nightclub Bar & Pub
  • PTS Nightclub Bar & Pub
  • PT's Centreville Nightclub Bar & Pub
  • Pony T's Nightclub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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