Land for Sale - 423 South Buchanan, Edwardsville, IL 62025 - 0.18 acres

Commercial Lot With Long Term Tenant In Downtown Edwardsville

423 South Buchanan, Edwardsville, IL | Lat/Lng:  38.8067, -89.9521

$770,000
0.18 ac.
11/13/2024
FOR SALE
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Description

This exceptional commercial property, located in booming Downtown Edwardsville, offers a good investment opportunity. Positioned in a high-visibility area in the very desirable city of Edwardsville, this property boasts frontage on both Buchanan and West Linden Street and is only a block away from Hwy 159, ensuring maximum accessibility and traffic flow. The current tenant has been leasing for many years and is a veterinary clinic. With the current lease in place, this property has an ROI of 6.5%. Don't miss your chance to capitalize on this prime piece of real estate in Edwardsville. Call Clyde Hutchinson at 618-581-6265 to schedule your private showing or to learn more about the potential options. Property Features: - Very desirable and growing location - Good rental yearly/monthly Income - Long-standing tenant in place - Current lease provides 6.5% ROI

Details

CountyMadison
Zipcode62025
BrokerageWhitetail Properties
Brokerage Linkhttps://www.whitetailproperties.com
Land Listing Agent Photo
Agent: Whitetail Properties
Contact Agent:Email Land Listing Agent
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