427 Main StCollinsville, IL 62234

For Sale
$281,500

Prime location, 4,260 SF, great investment.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4,260-square-foot commercial property, located at 427 E Main St, Collinsville, IL 62234, presents a lucrative investment opportunity. The single-story building, constructed in 1988, boasts a versatile layout ideal for an auto shop or warehouse use, encompassing both retail and industrial zoning (B-2 Limited Commercial). The space includes 4,016 square feet of shop area and 244 square feet of office space, perfectly suited for a variety of automotive businesses. Six overhead doors facilitate efficient workflow: two measure 9'x12', one is 8'x10', and three are 8'x9'. The property features two in-ground car lifts, a paint booth complete with a fire suppression system, and a paint mixing room, also equipped with fire suppression. Security is enhanced by a security alarm system and three exterior security lights. A double-sided 4'x3' LED lighted pole sign provides excellent street visibility. The 0.23-acre lot offers ample parking with 12 spaces on an asphalt lot. The building benefits from its location in a Tax Increment Financing (TIF) District and Enterprise Zone. The ceiling height is 9'10", and the asking price is $281,500 ($66.08/sq ft). An equipment list is available upon request. This property is situated on a corner lot near downtown Collinsville, offering excellent accessibility and visibility.

Highlights

  • $281,500 asking price for a 4,260 SF retail/industrial property.
  • Single-tenant, 4,260 SF building on a 0.23-acre lot in Collinsville, IL.
  • Features 4,016 SF of shop space and 244 SF of office space.
  • Includes six overhead doors, two in-ground car lifts, a paint booth, and a paint mixing room.
  • Additional features include a security alarm system, 12 parking spaces, and a prominent street-facing sign.

Property Details for 427 Main St

Property type
Other warehouses, Other retail properties
Square Feet
4,260 SF
Year Built
1988
Stories
1
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Collinsville
County
Madison
State
Illinois
Latitude
38.6714537
Longitude
-89.98262
427 Main St, Collinsville, Illinois

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427 Main St
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