1908 State ST Active Save Request In-Person Tour Request Virtual Tour
Granite City,IL 62040
Key Details
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Active
Purchase Type For Sale
Square Footage 17,691 sqft
Price per Sqft $13
Subdivision Granite City
MLS Listing ID 23073462
Year Built 1940
Building Age 84
Lot Size 0.287 Acres
Property Description
Great opportunity for a multi use facility in downtown Granite City close to Granite City Steel & Gateway Regional Hospital. Main level use is gym for "Tank Training". 2nd level leased until 2027 with a gross lease at $4,000 per year. Gym equipment has an approx. value of $200,000 new actual resale value closer to $115,000. Gym & weight equipment can be inc.w/ sale. Property includes 3 vacant lots in rear on the south on Grand Ave. PP#22-2-19-24-12-202-050, 22-2-19-24-12-202-051 & 22-2-20-19-05-101-042. Tax on 3 lots rear $119. This area would be ideal for a large parking lot in order to enter from the rear of the building. Rubber Modified roof 2019. The rear lots could also facilitate potential for a baseball, soccer or exterior volleyball sporting events. The property at 1906 on the west side of the building is being totally remodeled to include front commercial space & 2 luxury apartments upstairs. This can be purchased as a package deal at an increased price in spring of 2025.
Location
State IL
County Madison-il
Zoning C-4 Central Business District
Interior
Heating Forced Air
Cooling Electric
Exterior
Utilities Available Electricity Available,Gas to Site,Water Available,Sewer Available
Roof Type Composition,Other
Building
Sewer Public Sewer
Water Public
Structure Type Conventional
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition Other,None