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I-64 Showroom + Service Facility 501 Salem Pl 14,295 SF Retail Building Fairview Heights, IL 62208 $3,100,000 ($216.86/SF)
Executive Summary
Fully renovated (2023) former powersports facility located off the frontage road facing I-64. 14,295 SF showroom and service center for any retail owner/user with room to expand. Virtually every aspect of this facility, both exterior and interior, is in near-new condition, including the roof and epoxy flooring. 10 service bays with 2 drive-in OHD (8×10 and 10×12), private manager’s office with covered delivery service area. Oil/water separator runs the length of the service area. Large showroom, customer lounge, 4 sales offices, and floor-to-ceiling windows. No use restrictions. Facility would be ideal for an automotive/fleet service dealer, an equipment/construction/outdoor power dealer, a furniture/retail showroom user, an installation/service user or a fitness/medical user. Motivated seller!
Located on the North side of I-64 across from St. Clair Square Mall, this facility has excellent visibility to both East bound and West bound travelers with an average daily traffic of 78,800. Site can be accessed from I-64’s Exit 12, along the frontage rd.
Located on the North side of I-64 across from St. Clair Square Mall, this facility has excellent visibility to both East bound and West bound travelers with an average daily traffic of 78,800. Site can be accessed from I-64’s Exit 12, along the frontage rd.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
14,295 SF
Building Class
C
Year Built/Renovated
1994/2023
Price
$3,100,000
Price Per SF
$216.86
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
3.36 AC
Zoning
B-4 - General Business District
Parking
206 Spaces (24.42 Spaces per 1,000 SF Leased)
Frontage
542’ on Salem Pl
Amenities
- Pylon Sign
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $447,422 | |
| Land Assessment | $146,200 | Total Assessment | $593,622 |
Property Taxes
Parcel Numbers
Land Assessment
$146,200
Improvements Assessment
$447,422
Total Assessment
$593,622
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