12 East Edwardsville Road

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12 East Edwardsville Road, Wood River, IL, 62095 | For Sale

Listing Price:   $800,000
Type:   Commercial & Indr.
MLS#:   17069878
Zoning:   Commercial
Taxes Paid:   $21,396
Tax Year:   2016
Square Footage:   20865
Age:   32
Net Income:   $75,000
Acres:   2.707
Subdv/Cmplx:   Resub Chessens 2nd Add
Construction:   Conventional
Exterior:   Brick
Remarks: This retail center is located at the intersection of Wood River Avenue and Edwardsville Rd. with curb cuts on both roads. Surrounding retailers include CVS(2012), Jack in the Box, and ZX Convenience Store. The center is anchored by Family Dollar. Other tenants include Metro PCS, Hing Way Chinese Restaurant. Family Dollar has 4 - 5 year options remaining. Roof was new in 2012, Most of the Rooftop HVAC units range from 2-8 years old. The exterior lighting was upgraded to LED lighting in 2017. Parking lot was sealed and striped in 2017 with about 115 parking spots. In addition to the retail space there is lower level space that could be used for storage. Two spaces are vacant that can provide upside potential for the new buyer. One space is about 1,300 s.f. the other about 2,800 s.f. Traffic count is about 14,500 vpd. Property consists of two parcels: 19-2-08-21-12-201-037 & 19-2-08-21-12-203-001

Directions: Edwardsville road to the intersection of Wood River Avenue See MAP

Misc.: Building Sign,Exterior Lighting,Pole Sign

Parking Desc: Paved Asphalt

Lot Dimensions: 307 x 383

Building Type: 1 Story,Retail Strip Center

Current Use: Restaurant/bar,Retail

Utilities: Cable,Electric,Gas,Water,Sewer

Lease Terms: Other/Call LA

Subdv/Cmplx: Resub Chessens 2nd Add


For More Informaton:

John Williams | MORE, REALTORS

This listing courtesy of Paul R. Lauschke & Associates. Listings displaying the MARIS logo are coutesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
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