For Sale
$475,000

613 5Th St Metropolis, IL 62960

High-Yield Commercial Property in Metropolis, IL

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial property in Metropolis, Illinois, presents a compelling investment opportunity. Located on nearly a full city block, the property boasts significant frontage along Highway 45 (5th Street), 6th Street, Butler Street, and Filmore Street, ensuring high visibility and substantial traffic exposure. The 101,760 square foot lot, with dimensions of approximately 280x150 and 360x166 feet, currently features one building housing two storefronts, both under lease, generating a consistent monthly income of $1,800. This established income stream provides immediate return on investment, while the expansive lot size offers significant potential for future development, expansion, or reconfiguration to suit a variety of commercial uses. The property's strategic location near major highways and downtown amenities further enhances its appeal. This versatile property is ideal for investors seeking a strong, income-producing asset with growth potential, or for owner-occupiers looking for a high-profile location with ample space for their business. The asking price is $475,000. This is a rare opportunity to acquire a substantial commercial property in a thriving area with immediate income and significant long-term potential.

Highlights

  • $475,000 asking price.
  • 101,760 sq ft lot, encompassing nearly a full city block.
  • Three buildings: one main building with two leased storefronts generating $1,800/month in income.
  • High-visibility location with frontage on Hwy 45 (5th St), 6th St, Butler St, and Filmore St.
  • Potential for expansion and additional development.

Property Details for 613 5Th St

Property type
Retail properties, Office properties
Buildings
1

Location Insight

City
Metropolis
County
Massac
State
Illinois
Latitude
37.1478279
Longitude
-88.724692

FAQs

What type of property is this?
Retail property - High-Yield Commercial Property in Metropolis, IL
Where is the retail property located?
The property is located at 613 5Th St Metropolis, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: $475,000 asking price.; 101,760 sq ft lot, encompassing nearly a full city block.; Three buildings: one main building with two leased storefronts generating $1,800/month in income.
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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613 5Th St
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