Spa & Wellness

Granite City, IL Spa & Wellness Properties for Sale

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Salon Building with Full Basement
Updated: Aug 24
Salon Building with Full Basement

1501 Garfield Avenue, Granite City, IL 62040

$129,000
0.20 AC lot
1,300 SF building configured for salon use
Full basement provides additional storage or workspace
HVAC system and water heater updated approximately in 2023
Roof replaced in 2019
Commercial zoning with possible residential conversion subject to buyer verification
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Granite City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Office Building with Hardwood Floors
Office Building with Hardwood Floors

541 E Cherry Street, Troy, MO 63379

$308,800
0.22 AC lot

Hardwood flooring, a full bathroom, rear parking, and communication lines are already in place.

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Salon Building with Flexible Layout
Salon Building with Flexible Layout

328 Bargraves Boulevard, Troy, IL 62294

$460,000
0.37 AC lot

Salon property combining existing tenant occupancy with a configuration adaptable to separate commercial operations.

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Remodeled Flex Space
Remodeled Flex Space

805 N Main Street, Perryville, MO 63775

$235,000
0.19 AC lot

Updated commercial space with storefront presentation, dedicated parking, and adaptable interior improvements for business operations.

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Turnkey Historic Brick Office Building
Turnkey Historic Brick Office Building

23/25/27 W Saint Joseph St, Perryville, MO 63775

$1,150,000

Fully restored 1859 brick building with updated HVAC including central air and mini-splits, plus multiple income-producing spaces.

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Granite City, IL Spa & Wellness Properties Market Trends and Statistics

Explore 1 spa & wellness properties for sale in Granite City, IL on our real estate platform.

Sale prices for spa & wellness properties in Granite City, IL average $129,000 — 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

Spa & wellness properties 2

Demographics Overview

Population 40K
Population Growth (5Y) -4.9%
Median Household Income $60,558
College Educated 20.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62040 $129K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Madison County

Office

Residential Income

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