20 000 SF Auto Dealership Shop Commercial Retail

20,000+ SF Auto Dealership/Shop Commercial/Retail 4 AC
540 Frontage, Belleville, IL, TIF/Enterprise, Clean
20,000+ SF Auto Dealership/Shop Commercial/Retail 4 AC
Start Price -
Current Price -
Time Left -
Bid Count 0
Buy It Now Price -
Reserve Price -
Start Time Tuesday, November 11, 2008
End Time Thursday, December 11, 2008
Location Swansea, IL

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Description
          BarberMurphy Group (www.barbermurphy.com) is offering an excellent Commercial Real Estate/Retail opportunity in Belleville, IL.  Belleville (in St. Clair County) is located in southwestern IL which is considered St Louis, MO's metro-east.  This site is only 20 minutes from downtown St. Louis, the closest major metropolitan area, while fronting one of the most trafficked thoroughfares in Belleville, IL.  The 540' of frontage along Belleville's N Belt West sees over 22,400 cars per day.  Belleville has grown to a population of over 41,000 as of July 2007 and the population within a 5-mile radius of this site has reached 105,000+ with a median HH income of $51,875 this year.          This is a 3.98 AC site with two buildings on the south side of N Belt West and the east side of 44th St, considered the western portion of Belleville (www.belleville.net.)  This site is in both a TIF district and Enterprise Zone, and the City of Belleville is eager to assist prospective buyers/developers with any desired improvements (http://belleville.wliinc2.com/city/departments/econdev.asp.)  This property is currently zoned C-2 heavy Commercial by the City of Belleville.  2007 taxes were $30,238.96.         The main building that housed the Wagner Buick dealership was built in 1969.  It is approximately 17,534 SF, consisting of private offices, showroom, customer waiting area, M/F bathrooms, shop area and parts storage.  The shop area has 11 service bay areas with a ceiling height ranging from 12'-15'.  In the spring of 1989, the metal roof on the main building was refurbished and then in 1993 the metal was overlaid with styrofoam and a rubber membrane to effectively "double-wrap" the roof for better insulation.  There are 4 overhead doors on the main building: (2) 10' x 11', (1) 10' x 12', (1) 11' x 12', (1) 8' x 8'.          The second building towards the south end of the property is approximately 2,481 SF and was used by the dealership as an autobody/detailing shop.  It has 7 overhead doors: (3) 7' x 8', (3) 7' x 9', (1) 8.5' x 9'.  The 8.5' x 9' is access for the paint booth.         The property may be subdivided so that the buildings can be sold separate from one another.  A lease on either of the buildings or the entire property may be negotiated.  This is an excellent opportunity for an owner/user or someone who may want to redevelop or lease out the current improvements.         Contact Collin Fischer at the BarberMurphy Group for more information - 618.277.4400 or collinf@barbermurphy.com   *** The final terms of any negotiations for the sale of the advertised property will be clearly defined in a CONTRACT TO PURCHASE COMMERCIAL REAL ESTATE APPROVED BY THE SOUTHWESTERN ILLINOIS REGIONAL MULTIPLE LISTING SERVICE ***

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