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33735107
33735110

1162 16th Street, Granite City, IL 62040

SZ
IL IL 475.115449, MO MO 2021005591
Barbermurphy Group
CH
IL 475.203645, MO 2022019391
Barber Murphy
Listed by Barbermurphy Group, Barber Murphy
$3,500,000
1 day on market
Updated 1 day ago
Opportunity zone

Heavy Industrial Investment Opportunity

Details
APN 22-1-19-24-09-102-032 & 22-1-19-24-13-301-002 & 22-1-19-24-10-101-005 & 22-1-19-24-14-301-001
Property Type Industrial
Sub Type Warehouse
Square Footage 346,870
Cap Rate 12.00%
NOI $415,007
Occupancy 90%
Price per SqFt $10
Year Built 1950
Acreage 25.610
Zoning Industrial
Parking Spaces 100 spaces
Parking Per SqFt 0.29
Ground Lease No
Ceiling Height 30

Features Long Term Tenancy, Irreplaceable Infrastructure, & Significant Upside Potential

Marketing description

  • 90% Occupied Heavy Industrial Investment with Rail & Crane Infrastructure
  • Cash-Flowing Manufacturing Campus Offered Below Replacement Cost
  • Rare Value-Add Industrial Investment with Embedded Infrastructure
  • Functional Heavy Industrial Asset with In-Place Income and Long-Term Upside
  • Rail-Served Manufacturing Facility with Specialized Infrastructure and Existing Cash Flow

Strategically located in the heart of the St. Louis industrial market, 1162 16th Street offers immediate access to one of the Midwest’s most established heavy manufacturing and logistics corridors. Situated in Granite City, Illinois, the property benefits from a deep industrial labor pool, a long history of steel and manufacturing operations, and proximity to major transportation infrastructure serving the bi-state region.

The property is conveniently positioned just minutes from Interstate 270, Interstate 255, Interstate 55, Interstate 64, and Interstate 70, providing efficient truck access throughout the St. Louis metropolitan area and direct connectivity to Chicago, Kansas City, Indianapolis, Memphis, and other major Midwestern markets. Downtown St. Louis is approximately 15 miles southwest, while St. Louis Lambert International Airport is less than 30 minutes away.

Located within one of the nation’s most important inland freight hubs, the St. Louis region offers access to six Class I railroads, four interstate highways, and the Mississippi River barge system.

Listing Contacts

SZ
IL IL 475.115449, MO MO 2021005591
Barbermurphy Group
CH
IL 475.203645, MO 2022019391
Barber Murphy
Listed by Barbermurphy Group, Barber Murphy

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$415,007.00
$34,583.92/mo

Valuation Metrics

0
DSCR
11.86%
Cap Rate
11.86%
ROI

Map

Zoning

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M-3 IndustrialHeavy Industrial District
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Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Steve Zuber- SIOR, CCIM
License
IL 475.115449
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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