For Sale
$540,000
400 Broadway Alton, IL 62002
Multi-tenant industrial building, excellent ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- 6,213 SF single-story industrial building on a 6,213 SF lot in Alton, IL (62002).
- Class C building at 400 E Broadway with 100% occupancy, two net lease tenants.
- Asking price: $540,000 ($86.91/SF); each unit priced at $270,000.
- Tenants responsible for NNN expenses (gas, electric, taxes, insurance, trash); water paid by tenants.
- Well-maintained building with additional upper lot for ample parking.
- Located in a Tax Increment Financing (TIF) district; 9' ceiling height; Commercial zoning.
Property Details for 400 Broadway
- Property type
- Land, Industrial properties
- Square Feet
- 6,213 SF
- Class
- C
- Buildings
- 1
- Stories
- 1
- Units
- 2
Location Insight
- City
- Alton
- County
- Madison
- State
- Illinois
- Latitude
- 38.8898105
- Longitude
- -90.1810579
Nearby Similar for Sale
FAQs
- What type of property is this?
- Land - Multi-tenant industrial building, excellent ROI.
- Where is the land located?
- The property is located at 400 Broadway Alton, IL.
- What is the asking price?
- The asking price for this property is $540,000.
- What are key features of this property?
- This property features: 6,213 SF single-story industrial building on a 6,213 SF lot in Alton, IL (62002).; Class C building at 400 E Broadway with 100% occupancy, two net lease tenants.; Asking price: $540,000 ($86.91/SF); each unit priced at $270,000.
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