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1520 Washington Ave 19,347 SF Retail Building Alton, IL 62002 $350,000 ($18.09/SF)
INVESTMENT HIGHLIGHTS
- - 19,734 S.F. of Space
- - Elevator Servicing Both Floors
- - Large Surface Parking Area
- - Average combined Traffic is 17,250 VPD
- - Additional parcel available for more parking or Building
EXECUTIVE SUMMARY
Formerly the US Bank building, located in Alton with 9,677 s.f. on the main level and approximately 9,000 s.f of finished lower level space. There is an elevator that service the two floors. There are a number of offices, conference rooms, a kitchenette, safe deposit bank vault. There are approximately 100 parking spaces and an additional lot for additional parking or buildings. The property is zoned C-2 General Commercial. Uses include office , communications, education, retail, vocational schools. religious organization. childcare center, medical offices, etc. Deed Restrictions. This is located in a HUBZone.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
19,347 SF
Building Class
C
Year Built
1971
Price
$350,000
Price Per SF
$18.09
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.60 AC
Zoning
C-2 - C-2 General Commercial - Uses include office , communications, education, retail, vocational schools, religious organization. Medical
Parking
94 Spaces (4.86 Spaces per 1,000 SF Leased)
Frontage
185’ on Washington Avenue
AMENITIES
- Signage
- Drive Thru
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $662,420 | |
| Land Assessment | $94,960 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $567,460 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$94,960
Improvements Assessment
$567,460
Total Assessment
$662,420
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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1520 Washington Ave
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