631 Mascoutah AveBelleville, IL 62220
- Commercial real estate
- 1,584 SF
Property Details for 631 Mascoutah Ave
- Year built
- 1948
- Construction
- WOOD
- Lot size
- 0.21 AC
- Property size (Sq ft)
- 1,584 SF
- Property type
- Commercial real estate
- APN
- 08-27-0-211-029
- APU
- 8270211029
Description
This exceptional commercial property, located at 631 Mascoutah Avenue in Belleville, Illinois, presents a unique investment opportunity. Priced at $60,000, this building offers approximately 0.21 acres of land and boasts prime storefront exposure on Mascoutah Avenue, benefiting from significant traffic flow. The strategic location is further enhanced by its proximity to residential areas, providing a blend of commercial visibility and residential accessibility. The interior features a private office, two bathrooms, and a substantial open area, ideal for customization to suit a variety of business needs. This adaptable space allows for creative design and efficient workflow. The property also includes an unfinished basement, currently housing the building's mechanical systems, which offers significant potential for additional storage or future development. The building is being sold "AS IS," providing an opportunity for buyers to envision and implement their own improvements and renovations. This is an excellent chance to establish a thriving business in a desirable location. The combination of high visibility, versatile space, and potential for expansion makes this property a compelling investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $414,429
- Hospitality
- $379,615
- Educational
- $315,835
- Medical
- $326,697
- Retail
- $491,299
Location Insight
- City
- Belleville
- County
- St. Clair
- State
- Illinois
- Latitude
- 38.5071
- Longitude
- -89.9722
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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