200 Center Dr Alton, IL 62002

Property Details for 200 Center Dr

Year built

1977

Lot size

0.66 lot acres

Property size

27,712 SF

Property type

Commercial real estate

APN

23-2-01-36-13-302-001

APU

232013613302001

Description

This exceptional executive office building, located at 200 N Center Drive in Alton, Illinois, presents a compelling investment opportunity. The property boasts a substantial 27,712 square feet of office space situated on a generous 2.37-acre lot, offering ample room for expansion, including additional parking. Currently, the building houses a diverse tenant mix, including the Calc Institute of Technology, Urban Focus Planning & Design, Glamtagg, and Pristine Liquidations, along with seventeen or more coworking tenants. The asking price is $795,000, translating to a price per square foot of $28.69. Approximately 7,997 square feet of space is currently vacant, presenting a significant opportunity for increased revenue generation. The property's strategic location in Alton, within Madison County (zip code 62002), provides excellent access to key transportation routes and amenities. This well-maintained building offers a blend of established tenants and vacancy potential, making it an attractive proposition for investors seeking a strong return on investment in the thriving Alton market. The expansive lot size allows for future development and expansion to accommodate growing business needs. This is a rare opportunity to acquire a substantial and well-located office building in a desirable Illinois market.

Location Insight

City

Alton

County

Madison

State

Illinois

Longitude

-90.176

Latitude

38.9274

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments