3685 BroadwayAlton, IL 62002

Property Details for 3685 Broadway

Year built

1971

Lot size

5.26 AC

Property size (Sq ft)

18,189 SF

Property type

Commercial real estate

APN

23-1-08-17-03-301-016

APU

231081703301016

Description

This exceptional 18,189-square-foot warehouse, built in 1971 and renovated in 2016, presents a unique investment opportunity in Alton, Illinois. Situated on a one-acre lot with over 150 parking spaces, this Class C property boasts a prime location on a frontage road offering excellent visibility and easy access from a busy intersection. The expansive lot, approximately 500 feet wide, allows for potential expansion or the construction of additional buildings. The 14-foot ceiling height and two drive-in doors cater to diverse operational needs. Zoned commercial, this property is ideally suited for various uses, including a used car lot, a strip mall (subject to permitting), or a distribution center, with the potential for a railroad spur connection given the tracks on the lot's southern edge. The building's former use as a Nissan dealership speaks to its adaptability. The lease rate of $4.00 per square foot encompasses both the building and the entire one-acre lot. The owner is open to discussions regarding the construction of additional structures on the property, depending on the proposed use. The property's address is 3685 E Broadway, Alton, IL 62002, APN 23-1-08-17-03-301-016.

Location Insight

City

Alton

County

Madison

State

Illinois

Latitude

38.884

Longitude

-90.1258

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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