38
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$199,900
Est. payment /mo
17,691 SqFt
Active
1908 State ST Granite City, IL 62040
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Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 17,691 sqft
Price per Sqft $11
Subdivision Granite City
MLS Listing ID 23073462
Year Built 1940
Annual Tax Amount $2,240
Lot Size 0.287 Acres
Acres 0.287
Lot Dimensions 100 X 125
Property Sub-Type Unimproved Land
Property Description
Great opportunity for a multi use facility in downtown Granite City close to Granite City Steel & Gateway Regional. Main level use is gym for "Tank Training" which is owner occupied. Plenty of extra parking in rear of the building. There are 3 lots in the rear that front at 1909 & 1911 Grand that could be purchased separately for $15,000. Rubber Modified roof 2019. Existing elevator at this building was fully operational 10 years ago but could potentially be operational again. Upstairs unit is currently rented until 2027 for $7000 a yr. with lease rate increases to $8,000 in 2026. Rear office area is being rented to a massage therapist for $300 a month. Seller has reserved the right to give lessee 60 days notice to vacate the premises. Gym equipment seller will sell all of the equipment for half price with an acceptable offer on the building and vacant lots. Location: City, Downtown
Location
State IL
County Madison
Interior
Heating Natural Gas, Forced Air
Cooling Central Air, Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Structure Type Other,Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Jim Reppell • RE/MAX Alliance
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