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    FOR SALE
    Commercial real estate

    517 W Clay St, Collinsville, IL 62234

    2,785 SF 0.11 ac lot Built 1967
    Individually Owned Free & Clear
    Property ID
    US28-0923388
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 517 W Clay St in Collinsville, Illinois (zip code 62234), presents a unique investment opportunity. The building, constructed in 1967, boasts a substantial 2,785 square feet situated on a 0.1-acre corner lot, providing excellent visibility and signage potential. The main level, previously a florist shop, features a spacious showroom, sales counter, ample shop space, two walk-in coolers, a kitchenette, an office, and a restroom. A significant asset is the attached greenhouse, offering versatile expansion or specialized use options. Upstairs, a vacant two-bedroom apartment awaits, complete with two bathrooms, a laundry room, a living room, and a kitchen. This provides additional income potential through rental or conversion. The property is zoned B-2, offering flexibility for a variety of commercial uses. The APN is 13-2-21-33-07-202-042. This property is ideal for an owner-occupier seeking a combined commercial and residential space or an investor looking for a strong return on investment in a desirable location. The asking price is $195,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1967
    Total area 2,785 SF
    Lot 0.11 ac (4,752 SF)
    APN 13-2-21-33-07-202-042
    UPID US28-0923388
    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
    • Bella's Blossoms - A Cullop Jennings Florist (Bike/Boat/Book/etc) Store Florist
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Amanda Smith
    Amanda Smith
    since 2026
    Last sale
    $110,000
    7 recorded transactions
    2026
    $110,000
    2024
    2017
    2010
    $225,000
    2008
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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