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1200 Centreville Ave 67,012 SF 64% Leased Retail Building Belleville, IL 62220 $700,000 ($10.45/SF)


Investment Highlights
- Offered for sale at $700,000 or for lease at $16/SF gross
- Former bank and commercial building providing dual use for owner-occupant, investor, or tenant
- Positioned along Centreville Avenue with convenient access to major roadways
- Includes commercial layout with basement offices, upper-level space, and service infrastructure
Executive Summary
1200 Centreville Avenue offers a significant redevelopment or owner-user investment opportunity in Belleville, Illinois. Listed at $700,000, this two-story building encompasses over 67,000 square feet on a 3.95-acre parcel with high-visibility frontage along Centreville Avenue. The property features a robust commercial infrastructure, including office and retail areas, a finished basement workspace, central air, commercial-grade fixtures, and a full sprinkler system. Its large paved parking area and flexible interior layout suit a wide variety of adaptive reuses, such as professional office, medical facility, service center, institutional operations, or mixed-use redevelopment.
Benefiting from a prominent Belleville location, the site is near regional thoroughfares, ensuring convenient access for employees, clients, and service providers. Whether utilized as a headquarters, converted for specialty services, or repositioned for multi-tenant occupancy, this asset offers a cost-effective foundation for capitalizing on Metro East market growth and the area's established commercial corridors.
Benefiting from a prominent Belleville location, the site is near regional thoroughfares, ensuring convenient access for employees, clients, and service providers. Whether utilized as a headquarters, converted for specialty services, or repositioned for multi-tenant occupancy, this asset offers a cost-effective foundation for capitalizing on Metro East market growth and the area's established commercial corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
67,012 SF
Building Class
B
Year Built
1964
Price
$700,000
Price Per SF
$10.45
Percent Leased
64%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
3.95 AC
Zoning
C-2 - Heavy Commercial
Parking
108 Spaces (1.61 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,000-24,000 SF | Retail | - | Now |
1st Floor
| Size |
| 2,000-24,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 2,000-24,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 08-29.0-414-024 | Improvements Assessment | $138,416 |
| Land Assessment | $118,763 | Total Assessment | $257,179 |
Property Taxes
Parcel Number
08-29.0-414-024
Land Assessment
$118,763
Improvements Assessment
$138,416
Total Assessment
$257,179
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1200 Centreville Ave
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