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    Godfrey, IL Retail Properties & Spaces for Sale

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    Alton, IL Cottage Hills, IL East Alton, IL Jerseyville, IL Brighton, IL Bethalto, IL Wood River, IL Elsah, IL
    Retail Building with Garage Door Access
    Updated: Jun 15
    Retail Building with Garage Door Access

    1007 W Delmar Avenue, Godfrey, IL 62035

    $350,000
    0.67 AC lot
    Approximately 6,000 SF retail building on two separate lots
    B‑1 zoning with flexibility for retail, office, showroom, and service uses
    Illuminated LED roadside sign for exposure to passing traffic on Delmar Ave
    Updates since 2013 including electrical, roof, drainage, waterproofing, HVAC, and windows
    Multiple heating systems with natural gas forced air plus ductless mini‑splits
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    Versatile Retail/Office Building
    Updated: Jun 15
    Versatile Retail/Office Building

    1007 W Delmar Avenue, Godfrey, IL 62035

    $350,000
    6,000 sqft
    6,000 SF well‑maintained commercial building on busy Delmar Ave. in Godfrey.
    Located on two separate lots with B‑1 zoning for flexible commercial use.
    Updates since 2013 include electrical upgrades, roof improvements, drainage enhancements, and waterproofing.
    HVAC updates plus multiple heating systems and mini‑split units.
    Modern electrical service with room for future expansion.
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    Small Office Cottage with On-Site Parking
    Small Office Cottage with On-Site Parking

    509 Pearl Street, Godfrey, IL 62035

    $115,000

    Updated for commercial use and currently zoned residential, with a special use permit option and paved, fenced parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Godfrey, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office/Retail Building with Parking
    Office/Retail Building with Parking

    88 Northport Dr, Alton, IL 62002

    Contact for pricing
    8,200 sqft

    Contiguous 1,300–8,200 SF units available with parking for 125+ vehicles.

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    Mixed-Use Building with Radiant Heat
    Mixed-Use Building with Radiant Heat

    2356 State Street, Alton, IL 62002

    $225,000
    0.13 AC lot

    Four-unit mixed-use building with renovated apartments and commercial spaces in brick construction, with radiant heat via a replacement boiler.

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    Savers Storefront with Double-Net Lease
    Savers Storefront with Double-Net Lease

    303 Homer M Adams Parkway, Alton, IL 62002

    Contact for pricing
    18,018 sqft

    Freestanding retail property leased to a nationally recognized thrift-store operator under a corporate-backed agreement.

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    Former Bank Building with Drive-Thru
    Former Bank Building with Drive-Thru

    4365 Alby Street, Alton, IL 62002

    Contact for pricing
    1.95 AC lot

    Visible former bank building with drive-thru and full basement.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    B-5 Zoned Commercial Land Parcel
    B-5 Zoned Commercial Land Parcel

    6405 GODFREY Road, Godfrey, IL 62035

    $350,000
    4.87 AC lot

    Commercial land zoned B-5 with interstate frontage and reported 15,000 VPD for high-visibility retail or service development.

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    Flat Commercial Development Land
    Flat Commercial Development Land

    6713 GODFREY RD, Godfrey, IL 62035

    $1,490,000
    18.16 AC lot

    Flat, approximately 18 acres of commercial land with direct access from Godfrey Road and all public utilities available.

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    Two-Elevator Medical Office Building
    Two-Elevator Medical Office Building

    1 Professional Drive, Alton, IL 62002

    $4,000,000
    64,800 sqft 4.33 AC lot

    Two-story brick medical office on 4.33 acres with a large asphalt parking lot and easy access to major highways.

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    Commercial Land in Business Park
    Commercial Land in Business Park

    12 Professional Park Drive, Alton, IL 62002

    $70,000
    2.94 AC lot

    Commercial-zoned lot in a professional business park near a high-traffic intersection with approximately 30,000 VPD.

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    Off-Market Properties in Godfrey, IL

    Consider similar Off-Market properties in Godfrey, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5771 Godfrey Rd
    Restaurants

    5771 Godfrey Rd, Godfrey, IL 62035

    Value Estimation by Request
    96,921 sqft
    View details

    Godfrey, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 4 retail properties & spaces for sale in Godfrey, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $815,000.

    Sale prices for stores in Godfrey, IL start at $115,000, averaging $271,666, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 6
    Grocery and convenience stores 4
    Showrooms 2

    Demographics Overview

    Population 16K
    Population Growth (5Y) -3.7%
    Median Household Income $91,696
    College Educated 43.8%

    High-Yield Neighborhoods for Investment

    Identify Godfrey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62035 $271.7K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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