6007 Godfrey RdGodfrey, IL 62035

  • Commercial real estate
  • 2,938 SF
For Sale
$235,000 View listing

Property Details for 6007 Godfrey Rd

Year built
1970
Lot size
0.26 AC
Property size (Sq ft)
2,938 SF
Property type
Commercial real estate
APN
24-2-01-23-03-303-002-001
APU
242012303303002001

Description

This exceptional commercial property, situated at 6007 Godfrey Road in Godfrey, Illinois, presents a remarkable opportunity for business owners. Boasting a prime location on Godfrey Road (Route 67), this well-established retail space benefits from high traffic volume and excellent visibility. The 0.26-acre lot provides approximately 116 feet of road frontage, ensuring maximum exposure. The building itself features a spacious showroom, a sizable shop area, and a large covered storage area, offering ample space for various business needs. Recent upgrades significantly enhance the property's value and functionality. These include a new membrane roof installed in 2021, a new furnace in 2022, and a new water heater in 2023, minimizing maintenance concerns for the new owner. Conveniently located just two minutes from Illinois Route 255 access, this property enjoys easy access to major transportation routes. Its position in the heart of Godfrey's bustling business corridor guarantees a strong customer base and significant growth potential. Priced at $225,000, this property represents an outstanding investment opportunity in a thriving commercial area. The building's size is not specified in the provided information.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $899,710
    Hospitality
    $824,129
    Educational
    $685,666
    Medical
    $709,247
    Retail
    $1,066,592
6007 Godfrey Rd, Godfrey, Illinois

Location Insight

City
Godfrey
County
Madison
State
Illinois
Latitude
38.9542
Longitude
-90.1903
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,055
$12,670
$43,980
$56,650
-
$38,048
$132,072
$170,120

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