Belleville, IL Retail Property For Sale

Property Details:

Building Area: 10,640 SF

Site: 1.78 AC

Year Built: 2024

Guarantor: Dollar General Corporation

Price (PSF): $193.36

Lease Overview:

Remaining Lease Term: 15 Year

Lease Type: Absolute NNN

Options: Three, (5) Year Options

Rent Commencement: September 2024

5% Rent Increases Every 5 Years

NOI: $ 129,615.48

Retail/Office Portfolio consisting of 6 Properties. Downtown Commercial District. TIF District and Enterprise Zone. 1 Block East of the Square in Downtown Belleville. City approved parking in place.

28,000 + SF Street Level Finished Retail Space, 1,500+ SF of Mezzanine/Office Space, 4,000+ SF Finished Lower Level Space, 6,259 SF of Lower Level Storage Space and over 25,000 SF of 2nd & 3rd Story Levels for Potential Office, Loft or Apartment Space for Development.

Entrances on East Main St. as well as South High St.

City approved parking plan in place.

12 South High Street,

108 & 110 East Main Street: 11,490 SF combined on street level, 4,320 SF second Story (ideal for apartment, lofts, or office development), and 4,320 SF. The property has an unfinished lower level storage space. Connected to city owned public parking.

116 & 120 East Main street: 9,204 SF combined on street level. 116 East Main is completely remodeled on the main floor. Featuring a 1,044 SF mezzanine. 120 East Main was remodeled in 2018. 11,080 SF combined SF on 2nd and 3rd floors (ideal for apartments, lofts or office redevelopment. Unfinished lower levels. Great location for an owner/user investment. Ground floor is fully leased.

112 East Main Street: 5,482 SF street level space, 4,048 SF finished lower-level space, 5,082 SF 2nd story and 5,082 SF 3rd story (Ideal for apartments, lofts, or office redevelop. 105 SF mezzanine office, overlooking the main level featuring a loading dock. Entrances from Main street and rear of building.

Commercial Lot

0.72 Acre Corner Lot located at the corner of South Belt East and Freeburg Ave. 13,000 CPD. Proposed Round-A-Bout at intersection. All utilities on site.

Close proximity to Illinois Route 15, fast food restaurant’s, Belleville Fair Grounds and C-Stores.

Contact Broker for Pricing Information

Former Gas Station/Potential for Redevelopment

3,900 SF former C-Store situated on 0.67+/- acres. Property resides along East/West Thoroughfare of Lebanon Ave. Commercial, Single-Family and Multi-Family surroundings. Under ground storage tanks have been removed.

Shiloh is located just off I-64 (exits 16 & 19) and is on the West side of Scott Air Force Base and only 20 miles from St. Louis, MO.

Contact Broker for Pricing Information

2,600 SF Restaurant (formerly IHOP) for Sale or Lease. Located in a High Visibility/High Traffic area with 17,500 ADT on Carlyle Ave. Opportunity to convert to Office or Retail. All equipment (except leased equipment) included in the sale. Building had a partial rehab in 2017.

"More Info..." link includes additional images and other information.

- This property is a former Steak’n Shake restaurant with a Drive-Thru window, Walk-In food storage (cooler), Wash station, prep areas, and most needed kitchen equipment.

- No lease in place at current time.

- Excellent location with high traffic to nearby retailers and restaurants (many of which are quick serve).

- Property has a dense 5 miles population of 100,000+ residents.

- 2,539 SF established retail space located on West Main Street

- Former apparel store with dressing rooms, office, sales counter, storage room

and partially finished lower level, with restroom.

- Lower level has interior and exterior access

- Retail FF&E Included in Sale

-2,325 SF building auto shop on a .40 acre lot; formerly Stock’s Underhood Specialist for 39 years.

-The turn key property includes all F, F & I (Furniture, Fixtures, and Inventory). Equipment includes, but is not limited to: Three racks, air compressor, oil separator, tools and tool shelves.

-The Shop is Heated & Cooled, has newer windows, new LED lighting, a reception area/waiting room, one office with 2 separate storage areas. The roof was replaced in 2020.

-Full Equipment List is Available upon request.

Banquet Facility

Well established banquet facility for sale. Owner is retiring. This is a turn-key operation. Established business has a solid base clientele. Other uses for business include public dining/pop up events, Restaurant, catering and food truck kitchen, event space w room rental only, small business incubator, office space, residential conversion.

Well maintained, historic building has 2 dining rooms with seating of up to 64 guests in one dining room and up to 150 guests in the larger dining room. Building is ADA Compliant, elevator installed 2016. Commercial kitchen, all equipment included.

Flat roof replace 2018, remaining roof repaired at same time. Public parking lot adjoins property.

- Located in the shadows of St. Clair County Courthouse.

- 1 block from Belleville Square and within walking distance of numerous shops and restaurants.

- Belleville’s Downtown Public Square is home to many festivals, parades, and concerts throughout the year.

- Belleville Main Street – https://www.bellevillemainstreet.net/

- Former Restaurant and Bar. Seating area, bar, kitchen, private rear banquet room, men’s and women’s restrooms, storage room and office.

- All furniture, fixtures and equipment included in sale.