3015 West Delmar Avenue, Godfrey, IL 62035
sale
$500,000
|
Other
Courtesy Of RE/MAX Alliance
PRIME CORNER LOCATION. All 4.5 acres has commercial potential. This property includes a restaurant, and three rental houses. All four have had active leases over the last several years. The restaurant has a lease agreement through 2023. This 4.5 acre parcel will be subdivided upon sale. Highlighted picture shows approximate parcel. The restaurant includes 3800 sq/ft of retail space on highly visible property at a high traffic intersection. The rental houses include a 1300 sq/ft 3 BR/1BA unit and two 800 sq/ft 2 BR/1BA units. The owner averages a gross income of $3225/mo over the last 10 years.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central A/C
- Floors: 1.0
- Heating System: Forced Air
- Legal Description: TR E 1/2 SW SW EXC PT TO MAD CO
- MLSID: 20047641
- Roof Type: Asphalt
- Rooms: Kitchen
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