648 Carlyle Ave, Belleville, IL 62221
For Sale
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This exceptional 3,557-square-foot freestanding commercial building, located at 648 Carlyle Ave in Belleville, Illinois (zip code 62221), presents a unique investment opportunity. Currently operating as an A&W restaurant, this completely renovated property is ideally suited for a variety of uses, including retail, medical offices, or general office space. Its prime location in the heart of a bustling retail area ensures high visibility and excellent access for customers and employees. The building boasts prominent signage, including both building signage and a pylon sign, maximizing marketing potential. The asking price is $1,700,000. The property's versatile layout and high-traffic location make it an attractive prospect for savvy investors seeking a strong return on investment. Situated in St. Clair County, this property offers easy access to major transportation routes and a thriving local community. The building's recent renovation ensures it is move-in ready, minimizing upfront costs for the new owner. Don't miss this chance to acquire a highly visible and well-maintained commercial property in a desirable location.
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A&W Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.