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1,560 SF Retail Building 2721 Madison Ave 1,560 SF Retail Building Granite City, IL 62040 $150,000 ($96.15/SF)
Investment Highlights
- Positioned off Nameoki Road with over 10,000 daily traffic count
- Drive-thru potential enhances operational flexibility
- Layout includes showroom, office, and multiple storage areas
- Attached parking lot with 13 concrete-surfaced spaces
- Monument and building signage for strong visibility
- Surrounded by national retailers in a dense commercial corridor
Executive Summary
1,560 SF retail building with attached parking lot and drive-thru potential. The layout features a showroom/open area, office space, and storage.
Centrally located on Madison Ave., off of main thoroughfare Nameoki Rd. Traffic counts exceed 10,000 cars per day.
Centrally located on Madison Ave., off of main thoroughfare Nameoki Rd. Traffic counts exceed 10,000 cars per day.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,560 SF
Building Class
C
Year Built
1965
Price
$150,000
Price Per SF
$96.15
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.11 AC
Zoning
B-1 - Commercial
Parking
13 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
75’ on MADISON AVE
Amenities
- Signage
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-2-20-17-09-101-024 | Improvements Assessment | $37,610 |
| Land Assessment | $6,580 | Total Assessment | $44,190 |
Property Taxes
Parcel Number
22-2-20-17-09-101-024
Land Assessment
$6,580
Improvements Assessment
$37,610
Total Assessment
$44,190
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1,560 SF Retail Building | 2721 Madison Ave