Great opportunity for a multi use facility in downtown Granite City close to Granite City Steel & Gateway Regional Hospital. Main level use is gym for "Tank Training". 2nd level leased until 2027 with a gross lease at $4,000 per year. Potential to complete 4 apartments on the west side of the building or possible main level office or boutique space w/ 2 apartments up. Also a small lot on the west side of bldg is included. Gym equipment has an approx. value of $200,000 new; actual resale value closer to $115,000. Gym & weight equipment can be inc. in sale. Property includes 3 vacant lots in rear on the south on Grand Ave. PP#22-2-19-24-12-202-050, 22-2-19-24-12-202-051 & 22-2-20-19-05-101-042, 22-2-19-24-12-202-204, 22-2-19-24-12-202-005. Tax on 3 lots in rear $119. Rubber Modified roof 2019. Property has unlimited potential for a baseball, soccer or volleyball sports facility. Astro turf located in several areas along with extra lots for outdoor training as well! Total 21,950 Sq Ft.
23073462
Land, Business Opportunities, Other
Madison
1940
0.287
Acres
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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