For sale $770,000 · 0.18± Acres

Madison County

Commercial Lot With Long Term Tenant In Downtown Edwardsville

423 South Buchanan Edwardsville, IL 62025

Description

This exceptional commercial property, located in booming Downtown Edwardsville, offers a good investment opportunity. Positioned in a high-visibility area in the very desirable city of Edwardsville, this property boasts frontage on both Buchanan and West Linden Street and is only a block away from Hwy 159, ensuring maximum accessibility and traffic flow. The current tenant has been leasing for many years and is a veterinary clinic. With the current lease in place, this property has an ROI of 6.5%. Don't miss your chance to capitalize on this prime piece of real estate in Edwardsville. Call Clyde Hutchinson at 618-581-6265 to schedule your private showing or to learn more about the potential options.


Summary

Address

423 South Buchanan

Edwardsville, IL 62025

Madison County

Get Directions

Approximate Distances

0 miles Downtown Edwardsville

Property

Property Type
Commercial Land
Road Frontage
County Road
Road Surface
Pavement

Utilities

electric
Onsite
sewer
Onsite
water
Onsite
internet
Onsite
telephone
Onsite

Details

  • Very desirable and growing location
  • Good rental yearly/monthly Income
  • Long-standing tenant in place
  • Current lease provides 6.5% ROI

Other

Coordinates

38.80673, -89.95207

Annual Taxes

$7,700
Listing Agent

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