309 Homer M Adams PkwyAlton, IL 62002

  • Other commercial real estate
For Sale
$9,875,000 View listing

Property Details for 309 Homer M Adams Pkwy

Property type
Other commercial real estate
APN
23-2-07-01-05-103-037
APU
232070105103037

Description

Alton Corners Shopping Center offers exceptional retail space in a high-traffic location on Homer Adams Parkway, the main retail corridor in Alton, Illinois. This Class A, single-story center boasts a total of 50,063 square feet, with three available spaces ranging from 1,500 to 3,500 contiguous square feet. Currently, 5,000 square feet are vacant. The center enjoys a strong tenant mix, including nationally recognized brands such as Applebee's, Fantastic Sam's, Firehouse Subs, Mattress Firm, Petco, DaVita, and Office Depot. Its strategic location in Alton, just 15 miles north of downtown St. Louis, Missouri, places it within the Metro-East region of the Greater St. Louis metropolitan area. Alton's robust economy is driven by major employers like Olin Brass Corporation and Alton Memorial Hospital. The center benefits from its proximity to significant retailers including Lowe's, Target, Kohl's, Home Depot, and Alton Square Mall, creating a powerful synergy and high consumer traffic. This prime retail opportunity presents a unique chance to establish or expand your business in a thriving market with excellent visibility and accessibility. The minimum divisible space is 1,500 square feet. This property is ideal for restaurants, retail, or medical businesses.

309 Homer M Adams Pkwy, Alton, Illinois
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Location Insight

City
Alton
County
Madison
State
Illinois
Latitude
38.9191
Longitude
-90.1721
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$191,027
$298,020
$1,960,360
$2,258,380
-
$894,061
$5,881,086
$6,775,147

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