1100 State Route 157Edwardsville, IL 62025

For Sale
$1,800,000

High-traffic location, 4224 SF building, 1.03 acres

Overview

Added:
Feb 3
Days on market:
39
This exceptional 1.03-acre commercial redevelopment opportunity is situated at a prime location in Edwardsville, Illinois, on State Route 157. Boasting 195 feet of frontage on this busy five-lane highway, the property enjoys an average daily traffic count of 20,000 vehicles, placing it at the heart of a thriving commercial area. Its strategic position near a four-way lighted intersection and adjacent to new construction projects ensures high visibility and accessibility. The site is conveniently located one lot from the intersection with Center Grove Road. The existing building, currently occupied by an Imo's restaurant and a Scoops Creamery, offers 4,224 square feet of space. The restaurant features a fully equipped kitchen, a spacious dining area, two restrooms, and a convenient drive-through window. The Scoops Creamery includes outdoor patio seating. The property also includes 44 existing parking spaces. The building benefits from a new rolled rubber roof installed in 2016, and the restaurant's dining area underwent a remodel in 2020. This property presents a unique chance to capitalize on a high-demand location with significant potential for redevelopment or continued operation as a thriving commercial establishment. The substantial traffic volume and proximity to new developments make this an unparalleled investment opportunity.

Property Details for 1100 State Route 157

Property type
Other commercial real estate
Year Built
2000
Lot Size (sq. ft)
44,867 SF

Location Insight

City
Edwardsville
County
Madison-IL
State
Illinois
Latitude
38.78636
Longitude
-89.9785
1100 State Route 157, Edwardsville, Illinois

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1100 State Route 157
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