61
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$2,500,000
Est. payment /mo
26,044 SqFt
Active
225 N 9th ST East St Louis, IL 62201
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UPDATED:
09/17/2024 11:53 PM
Key Details
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Active
Purchase Type For Sale
Square Footage 26,044 sqft
Price per Sqft $95
Subdivision Third Sub
MLS Listing ID 24015667
Construction Status 25
Year Built 1999
Building Age 25
Lot Size 1.600 Acres
Acres 1.6
Lot Dimensions 294.58 x 280 x 140.58 x 160 x 35 x irr
Property Description
Step into a lucrative business opportunity with this prime commercial office building, ideally located in the heart of downtown. Spanning over 26,000 square feet, this property is an excellent real estate investment. Currently leased by the Department of Human Services, it brings in $28,719.17/month with a lease secure until July 2025, and a guaranteed 5-year renewal through July 2030.
Entrepreneurs will appreciate the stability and scalability of a government-backed tenant, offering reliable income. The building features over 40 offices, cubicle spaces, restrooms, a training room, a breakroom, a lounge, and spacious waiting area—perfect for business expansion. Its high-visibility location with easy access to major highways makes it a rare and ideal growth opportunity. Don’t miss your chance to own this cornerstone property, ensuring stable cash flow and long-term success!
Entrepreneurs will appreciate the stability and scalability of a government-backed tenant, offering reliable income. The building features over 40 offices, cubicle spaces, restrooms, a training room, a breakroom, a lounge, and spacious waiting area—perfect for business expansion. Its high-visibility location with easy access to major highways makes it a rare and ideal growth opportunity. Don’t miss your chance to own this cornerstone property, ensuring stable cash flow and long-term success!
Location
State IL
County St Clair-il
Zoning commericial office
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available, Sewer Available
Roof Type Architecural Shingle
Building
Sewer Public Sewer
Water Public
Construction Status 25
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
Listed by Tiaa Wright • Just Wright Realty
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