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8506 Us Highway 50

Lebanon, IL 62254
  • $500,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: 22025185
UPDATED: 39 min ago
$500,000
  • 0
    BEDS
  • 4.91
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,632
    SQFT
  • $306
    $/SQFT
Type:
Commercial
Built:
1938
County:

School Ratings & Info

Description

Five acres +/- of prime Industrial/Commercial land where the rubber meets the road on US 50 between O'Fallon, IL and Lebanon, IL within the MidAmerica Enterprise Zone in the shadow of Scott Air Force Base (SAFB) IL. Site is comprised of two parcels. Parcel 04270301003 is a 1.56 acre tract with approx 165 ft of frontage on US HIghway 50. Parcel 04340100004 is a 3.35 acre contiguous tract immediately to the south of parcel 04270301003. Parcel 04270301003 contains a two story house and an outbuilding; both formerly used as businesses. House last used as a residential rental and prior as a restaurant. Outbuilding last used as drycleaner/alteration shop. Property is ideally located in the heart of the metro SAFB/MidAmerica commerce mecca--1.5 Miles from I-64 (Exit 19B), 15 minutes from Downtown STL, 30 Minutes from STL (Lambert) International Airport, 10 minutes from MidAmerica St. Louis Airport and 5 Minutes from SAFB. US 50 traffic count is 14,400 vehicles per day past property.

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-06-25T17:39:40.61.

Two Keys at RE/MAX Alliance: 618-581-4324
www.twokeysforhome.com/homes/128019923
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8506 Us Highway 50 Lebanon, IL 62254

  • Price: $500,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 39 min ago
  • ID#: 22025185
0
Beds
0
Baths
0
½ Baths
4.91
Acres
1,632
SQFT
$306
$/SQFT
1938
Built
County:
St Clair
Property Description
Five acres +/- of prime Industrial/Commercial land where the rubber meets the road on US 50 between O'Fallon, IL and Lebanon, IL within the MidAmerica Enterprise Zone in the shadow of Scott Air Force Base (SAFB) IL. Site is comprised of two parcels. Parcel 04270301003 is a 1.56 acre tract with approx 165 ft of frontage on US HIghway 50. Parcel 04340100004 is a 3.35 acre contiguous tract immediately to the south of parcel 04270301003. Parcel 04270301003 contains a two story house and an outbuilding; both formerly used as businesses. House last used as a residential rental and prior as a restaurant. Outbuilding last used as drycleaner/alteration shop. Property is ideally located in the heart of the metro SAFB/MidAmerica commerce mecca--1.5 Miles from I-64 (Exit 19B), 15 minutes from Downtown STL, 30 Minutes from STL (Lambert) International Airport, 10 minutes from MidAmerica St. Louis Airport and 5 Minutes from SAFB. US 50 traffic count is 14,400 vehicles per day past property.
Exterior Features

Attached Garage YN No Lot Size Source County Records Parking Features Gravel Road Frontage Type State Road Unit Location High TrafficHwy/Interstate FrntgIndustrial Area

Interior Features

Above Grade Finished Area Source Public Records Cooling Wall Unit(S)Window Unit(S) Heating Individual UnitForced Air Heating YN Yes

Property Features

Association Realtor Association Of Southwestern Illinois Commercial Type Commercial Land Current Use Two StoriesResidentialRetail Disclosures UnknownNo Other Known Restr Electric Ameren Inclusions Building & Land Net Operating Income 0 Possible Use ManufacturingMotel/HotelOfficeOffice ShowroomResidentialRetailService Center/Wrhs Property Sub Type Commercial & Indr. Sewer Public SewerSewer Main - 10 Inch Special Listing Conditions No ExemptionsNone Tax Annual Amount 3666 Tax Year 2020 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas To SiteWater AvailableSewer AvailablePhone Available Water Source Public Zoning Industrial/Commercial

Listing provided courtesy of Real Broker Llc. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-06-25T17:39:40.61.

Two Keys at RE/MAX Alliance: 618-581-4324
 
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Two Keys at RE/MAX Alliance
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Edwardsville IL, 62025