$180,000

112 N MISSOURI Avenue, Salem IL, 62881

Price per sqft$59.52

Built in1983

Property size3,024 sqft

Property typeCommercial

Listed by JAMES SOMER with SOMER REAL ESTATE 618-267-5123

Overview

Active

Listed Mar 14, 2025

Updated 3 weeks ago

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. *2026 Roof Maintenance: Professionally power washed, rust-treated, and sealed with high-performance Sherwin-Williams coating. *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.

Additional information

MLS^® ID: EB457139

Interior Features

Bedrooms: 0
Basement: No

Exterior Features

Lot Size: 0.81 Acres

Other Property Details

Taxes: $3,958
Tax Frequency: Annually

Listed by JAMES SOMER with SOMER REAL ESTATE 618-267-5123

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