Exceptional investment opportunity – over 14,000sqft of commercial space on high-visibility, high-traffic Milton Road! This two-building, versatile parcel presents a rare opportunity to own three individual storefronts, multiple warehouses, and room to expand, making it ideal for investors, business owners, or commercial developers. Two of the storefronts are already leased,… Read More providing immediate cash flow. The left storefront features nearly 1,500 sq ft, currently operating as a boutique, and includes five private rooms. The center unit spans 2,000 sq ft and home to a dance studio and past hair salon (already a room plumbed for hair wash stations), complete with a small kitchen area with sink and fridge. The right unit—also 2,000 sq ft—is currently vacant and includes 5 spacious rooms with built-in shelving that stays. Behind the storefronts, you'll find a large garage previously used as a mechanic shop, as well as a second warehouse space, accessible via a secure loading dock. A push-button security gate offers private access to the rear of the property & docking area. The upper level provides abundant storage with the potential to finish out 6,000+ sq ft of additional income-producing space. Each unit is equipped with a private bathroom. A newer metal roof was installed in 2015. Don’t miss this unique, income-generating property in one of Alton’s most visible and accessible commercial corridors! Read Less
Listing courtesy of RE/MAX Alliance, 618-656-2111
Listing Snapshot
Days Online
8
Last Updated
Property Type
Commercial Sale
Lot Size
0.58 Acres
Year Built
1977
MLS Number
25044358
30 Days Snapshot Of 62002
$180k
+16%
(avg) sold price
20
-39%
homes sold
28
-48%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: "Block", "Brick Veneer", "Concrete", "Steel Siding", Year Built: 1977
Disclosures
Disclosures: "None"
Fence
Fencing: "Chain Link"
Lot
Lot Size Acres: 0.58, Lot Size Source: Public Records
Property
Current Use: "Retail"
Taxes
Annual Tax Amount: 3687, Tax Year: 2023
Utilities
Electricity Available: "220 Volts"
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