112 N MISSOURI AVE, Salem, IL 62881
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112 N MISSOURI AVE Salem, IL 62881

3,024 SqFt


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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 3,024 sqft

Price per Sqft $59

MLS Listing ID EB457139

Year Built 1983

Annual Tax Amount $3,633

Tax Year 2024

Lot Size 0.800 Acres

Lot Dimensions 220 x 160.5

Property Sub-Type Retail/Stores

Property Description

Prime Commercial Development Opportunity in Salem, IL * High Visibility: line-of-sight from both US Highway 50 and Interstate 57. * Expansive Lot: 0.8 acres boasting an impressive 220' of road frontage. * Industrial Base: 3,024 sq. ft. metal building ready for commercial operations, built in 1983 with an addition in 1997. 3 overhead doors and gravel lot. . * Strategic Growth: Located within Salem's proposed TIF District 4 * Extra Asset: Includes a 1,000 sq. ft. home (built 1952) currently serving as an income-producing rental. * Infrastructure Ready: Public sewer and water are available on-site. This property offers an exceptional footprint for a Class A commercial structure and business. Whether you are looking to utilize the existing industrial facility, capitalize on the rental income, or develop a brand new high-traffic commercial enterprise, the location and frontage provide great potential.

Location

State IL

County Marion

Area Salem

Zoning Comme

Interior

Cooling None

Flooring Concrete

Fireplace N

Exterior

Utilities Available Water Available

Roof Type Metal

Building

Dwelling Type Retail/Stores

Structure Type Frame


Midwest Real Estate Data (MRED) IDX
Listed by JAMES SOMER of  SOMER REAL ESTATE 

Nearby School & Business

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