For Sale
$1,225,000

103 Macarthur Dr Bethalto, IL 62018

3.5-Acre Mixed-Use Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 3.5-acre commercial property in Bethalto, Illinois, presents a unique multi-use development opportunity. Located at 103 E MacArthur Dr, 62018, this prime site boasts over 40,000 vehicles passing daily due to its exceptional I-255 frontage, offering unparalleled visibility. Its convenient proximity to St. Louis Regional Airport makes it ideal for hotels, restaurants, or retail establishments. The property is situated within the Riverbend Enterprise Zone, providing potential economic incentives. Preliminary plans and a site survey are already complete, streamlining the development process. The existing structure will be demolished by the seller upon contract acceptance, eliminating demolition costs and providing a clean slate for your vision. This property's past use as an industrial manufacturing site offers a solid foundation and ample space for diverse business ventures. Seller financing is available, making this an attractive investment opportunity in Bethalto's thriving commercial sector. The property is zoned for commercial use, ensuring a smooth permitting process. This is a rare chance to capitalize on a high-traffic location with significant development potential.

Highlights

  • High-traffic I-255 frontage, 40,000+ VPD.
  • Excellent airport proximity, ideal for hotels, retail, or service businesses.
  • Located within the Riverbend Enterprise Zone.
  • Demolition of existing structure included in sale price.
  • Spacious former industrial site, adaptable to various uses.

Property Details for 103 Macarthur Dr

Property type
Lifestyle centers, Power centers

Location Insight

City
Bethalto
County
Madison
State
Illinois
Latitude
38.903277
Longitude
-90.065603

FAQs

What type of property is this?
Lifestyle center - 3.5-Acre Mixed-Use Development Opportunity
Where is the lifestyle center located?
The property is located at 103 Macarthur Dr Bethalto, IL.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: High-traffic I-255 frontage, 40,000+ VPD.; Excellent airport proximity, ideal for hotels, retail, or service businesses.; Located within the Riverbend Enterprise Zone.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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103 Macarthur Dr
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