312 BeltSwansea, IL 62226

  • Other commercial real estate
  • 4,212 SF
For Sale
$695,000 View listing

Property Details for 312 Belt

Year built
2003
Construction
WOOD
Lot size
1.31 AC
Property size (Sq ft)
4,212 SF
Property type
Other commercial real estate
APN
08-15-0-103-032
APU
8150103032

Description

This exceptional 4,212-square-foot medical office building, located at 312 N Belt E in Swansea, Illinois (zip code 62226), presents a unique investment opportunity. Priced at $695,000, this single-story, Class B building was constructed in 2003 and is currently vacant. The property boasts a desirable location on a main thoroughfare, offering excellent visibility and accessibility. Previously used as a veterinary hospital, the space features a dedicated pharmacy area, a spacious front reception and waiting room, and two private offices. The building's versatile layout allows for a variety of medical uses, or even potential conversion for daycare purposes. Recent improvements include a new roof and interior paint, completed within the last two years, ensuring the property is well-maintained and ready for immediate occupancy. The previous practice vacated in October 2023, and some legacy hospital items may be available. This property offers a strong foundation for a new medical practice or a savvy investor seeking a prime location in a thriving community. The property's convenient location in St. Clair County, Illinois, provides easy access to major transportation routes and a strong local market. This is a rare opportunity to acquire a well-maintained, ready-to-occupy medical office building in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,102,006
    Hospitality
    $1,009,431
    Educational
    $839,835
    Medical
    $868,718
    Retail
    $1,306,410
312 Belt, Swansea, Illinois

Location Insight

City
Swansea
County
St. Clair
State
Illinois
Latitude
38.534
Longitude
-89.9768
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
2023
$12,345
$11,649
$132,719
$144,368
-
$34,947
$398,157
$433,104

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