For Sale
$1,200,000

3315 Mississippi Ave Cahokia Heights, IL 62206

Fully occupied, high-traffic retail center.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a fully occupied, six-bay retail center located at 3315-3323 Mississippi Ave, Cahokia Heights, IL 62206. The property, known as Sasak Plaza, boasts a total square footage ranging from 1,570 to 4,500 square feet, spread across a single building constructed in 1983 and extensively renovated in 2023. The property enjoys a prime location on Route 3, a high-traffic area with an average daily traffic count of 20,000 vehicles, providing excellent visibility and accessibility. Its proximity to St. Louis, MO, and easy access to Interstates 55/40/64 (less than one mile away) further enhance its strategic value. Recent upgrades include a new roof (2022), resealed and restriped parking lot (2022), new common area LED lighting (2021), a new HVAC system in unit 3317B (2021), and new HVAC and ductwork in unit 3319 (2022). The property is zoned B-2 and features 100% occupancy, making it an attractive investment with strong potential for future growth. The APN is 01-35.0-102-003. Asking price is $1,200,000.

Highlights

  • High-traffic, high-visibility location on Rt 3 with 20,000 ADT.
  • Excellent access to St. Louis, MO, offering convenient access to a major metropolitan area.
  • Less than one mile from Interstates 55/40/64.

Property Details for 3315 Mississippi Ave

Property type
Lifestyle centers, Power centers
Square Feet
1,570 SF
Year Built/Renovated
1983/2023
Buildings
1

Location Insight

City
Cahokia Heights
County
St. Clair
State
Illinois
Latitude
38.5854243
Longitude
-90.1781988

FAQs

What type of property is this?
Lifestyle center - Fully occupied, high-traffic retail center.
Where is the lifestyle center located?
The property is located at 3315 Mississippi Ave Cahokia Heights, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High-traffic, high-visibility location on Rt 3 with 20,000 ADT.; Excellent access to St. Louis, MO, offering convenient access to a major metropolitan area.; Less than one mile from Interstates 55/40/64.
How can I contact the broker?
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3315 Mississippi Ave
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