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Property profile & analytics
OFF-MARKET
Medical Office Space

810 Market St Metropolis, IL 62960

Property ID
US28-4621826
Property summary
AI-generated overview

This exceptional 1600-square-foot commercial/medical office building is situated at 810 Market Street in Metropolis, Illinois, zip code 62960. The property, priced at $139,900, offers a fantastic opportunity for a variety of businesses. The building itself is a brick structure featuring five individual offices, a dedicated conference room, and a convenient kitchen equipped with a refrigerator and microwave. Two half-bathrooms are also included. Recent upgrades include new flooring and fresh paint throughout, enhancing the overall aesthetic and functionality of the space. The building's HVAC system was replaced in 2022, ensuring efficient climate control. Heating is provided by a gas system. A covered porch adds to the building's appeal. Ample parking is available on-site, with a dedicated parking lot included in the sale. Further convenience is provided by a public parking lot adjacent to the property. The high-traffic location boasts approximately 1250 cars passing by daily, offering excellent visibility and potential for increased business. This property is zoned for commercial and medical office use, making it an ideal investment for a variety of businesses seeking a well-maintained and conveniently located space in the heart of Metropolis.

Property profile
Verified
Property type Medical Office Space
UPID US28-4621826
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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