

Listed by Farmer & Company Real Estate
$299,900
2047 E 5th Street
Details
APN 0632300016
Property Type Mixed Use, Retail
Sub Type Storefront, Mixed Use
Units 1
Year Built 1990
Acreage 0.970
Mixed Use
Marketing description
Strategically positioned at Exit 37 of Interstate 24 and along U.S. Highway 45 in Metropolis, Illinois, this property offers exceptional visibility and access, with an average daily traffic count of approximately 12,800 vehicles. This prime commercial location is ideally suited for a restaurant, bar and grill, or a variety of hospitality and service-oriented businesses. The property features a 3300 square-foot building, formerly operated as a Pizza Hut, situated on nearly one acre with ample parking. The interior layout is designed with approximately half the space dedicated to dining space-including a front atrium-and the remainder configured for kitchen operations. Additional amenities include a drive-thru window, walk-in cooler and freezer, oven hood and two restrooms. Located within a Tax Increment Financing (TIF) District, Business District, and Enterprise Zone, plus potential eligibility for a Business Improvement Grant and potential sales tax reimbursement through the City of Metropolis. These programs could offer significant financial benefits to the new owner. While previously utilized as a restaurant, the building and its high-traffic location provide flexibility for a wide range of commercial uses whether you're establishing a new business or expanding a current one.
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Listed by Farmer & Company Real Estate
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