423 Buchanan St Edwardsville, IL 62025-2064

Property Details for 423 Buchanan St

Year built

1990

Lot size

0.18 lot acres

Property size

2,357 SF

Property type

Commercial real estate

APN

14-2-15-11-20-401-002

APU

142151120401002

Description

This exceptional commercial property, located in the thriving Downtown Edwardsville area, presents a compelling investment opportunity. Situated on a 0.18-acre lot, the property enjoys high visibility with frontage on both Buchanan and West Linden Streets, ensuring significant traffic exposure. Its prime location is just one block from Highway 159, providing excellent accessibility. The building currently houses a long-term veterinary clinic tenant, generating a 6.5% return on investment with the existing lease. This translates to a strong, stable income stream for the investor. The property's strategic positioning within Edwardsville's desirable downtown core makes it an attractive prospect for both immediate income and future appreciation potential. The high traffic counts and prominent location offer significant advantages for a variety of commercial uses. This is a rare opportunity to acquire a well-established, income-producing property in a highly sought-after location. The current lease provides immediate cash flow, minimizing risk and maximizing return. Serious investors should act quickly to secure this exceptional investment opportunity in the heart of Edwardsville. The property's size and location make it ideal for continued success under the current tenant or for future redevelopment.