Commercial for Sale: 1908 State Street, Granite City, IL 62040

17,691 sqft
$245,000
$245,000
1908 State Street, Granite City, IL 62040
17,691 sqft
$245,000
Remove from
FavoritesAdd to
Favorites		 Add to
Trip Map		 Hide Share or
Email
Price:
$245,000
$5,000 - 11/13/2024
Est. payment: Skip to Mortgage Calculator

Get Pre-Approved

Type Commercial
Square Footage 17,691 sqft
Lot Size 0.29 acres
Year Built 1940
Taxes Paid $2,156
City Granite City
County Madison-IL
Subdivision Granite City
MLS 23073462
Status Active
DOM 309 days
Great opportunity for a multi use facility in downtown Granite City close to Granite City Steel & Gateway Regional Hospital. Main level use is gym for "Tank Training". 2nd level leased until 2027 with a gross lease at $4,000 per year. Gym equipment has an approx. value of $200,000 new actual resale value closer to $115,000. Gym & weight equipment can be inc.w/ sale. Property includes 3 vacant lots in rear on the south on Grand Ave. PP#22-2-19-24-12-202-050, 22-2-19-24-12-202-051 & 22-2-20-19-05-101-042. Tax on 3 lots rear $119. This area would be ideal for a large parking lot in order to enter from the rear of the building. Rubber Modified roof 2019. The rear lots could also facilitate potential for a baseball, soccer or exterior volleyball sporting events. The property at 1906 on the west side of the building is being totally remodeled to include front commercial space & 2 luxury apartments upstairs. This can be purchased as a package deal at an increased price in spring of 2025.

Room Features

Misc Description 2+ Lavatories, Kitchen Facilities, Wheelchair Access

Lot & Building Features

Construction Conventional
Cooling Electric
Heating Forced Air
Parking Description Expandable, Parking Lot, Other
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 100 X 125 ft

Price History of 1908 State Street, Granite City, IL

Date Name Price Difference
11/13/2024 Price Adjustment $245,000 2.00%
05/15/2024 Price Adjustment $250,000 15.25%
04/02/2024 Price Adjustment $295,000 1.67%
01/09/2024 Listing Price $300,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Open new tab for directions to this property
Map of 1908 State Street, Granite City, IL

Location Map Street View

Inquire about this property

Photo of Sarah Scronce
Direct: 636-290-5389
Office
5285 Hwy N, Ste 104
St. Charles, MO 63304
636-400-7653
Listed by Re/Max Alliance, Jim Reppell & Julie Fleck
$
20%
0.88%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Browse By Area

1908 State Street (MLS #23073462) is a commercial listing located in Granite City, IL. This commercial listing is 17,691 sqft and on a lot of 12,502 sqft (or 0.29 acres) and is 84 years old. This property was listed on 01/09/2024 and has been priced for sale at $245,000.

Nearby zip codes are 62004, 62060, 62240, 63107 and 63147. This property neighbors other cities such as East St Louis, Madison, Pontoon Beach, Riverview and St Louis.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Re/Max Alliance

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange