Listed by Barbermurphy Group, Barber Murphy
$750,000
727 South Main Street
Details
APN 12-2-04-35-00-000-030, 12-2-04-35-00-000-031, 12-1-04-35-00-000-011, 12-1-04-35-00-000-010.001
Property Type Industrial, Land
Sub Type Farm, Warehouse
Square Footage 12,808
Tenancy Multi
Price per SqFt $59
Year Built 1960
Year Renovated 2023
Buildings 2
Acreage 11.310
Zoning Industrial - Worden
Parking Spaces 100 spaces
Parking Per SqFt 7.81
Ground Lease Yes
Ceiling Height 14'
Dock High Doors 4
Industrial | 12,808 SqFt
Marketing description
Industrial property on 11.31 acres with 2-buildings totaling 13,400 sf of warehouse space. The warehouses are currently leased by three (3) tenants on short term leases. +/- 6.5 is improved with rock for outdoor storage. The 6.5 acres are leased by two (2) tenants. All leases are at below market value lease rates. There are 2 acres of farm ground available for further development.
Worden is a village situated in Madison County. Geographically, it is in the southwestern part of Illinois, within the United States. It lies approximately 40 miles northeast of St. Louis, Missouri, and is in close proximity to the larger city of Edwardsville, Illinois. The property is located on the southeast end of Worden adjacent to the NS Railroad approximately 2.5 miles to Interstate 55. Worden has a population of 1,096.
Investment highlights
- Former Performance Pipe Yard; Will Divide
- 2 buildings totaling 12,808 SF
- Rocked outdoor storage lot - 5 Acres
- 655 Main Street – 2,400 sf wood frame, metal skin warehouse.
- 726 Main Street- 10,408 sf wood frame, metal skin warehouse.
- Total Net Annual Income is $23,808.24.
Listing Contacts
Listed by Barbermurphy Group, Barber Murphy
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