MLS#25077959
STATUSActive
PROPERTY TYPECommercial - Retail
SUBDIVISIONWilliams Gardners Add
Property Description
Incredible Investment Opportunity on High-Traffic State Street! This expansive 18,247 sq. ft. mixed-use property sits on 1.210 acres and offers a rare combination of commercial and residential income streams. Featuring 4 retail/commercial spaces along the highly traveled State Street, this property provides maximum visibility and excellent accessibility for tenants and customers alike. The upper levels include 8 well-maintained residential units, each providing tenants with access to desirable amenities such as an elevator, fitness room, and individual storage units-making this an appealing choice for long-term occupancy. Perfect for investors seeking a strong portfolio addition with stable rental potential. Property financials available upon approved request.
Property Features
Property Type: Commercial - Retail
Lot Size: 1.21 Acres
Taxes: $41,492
Year Built: 2011
Feature Descriptions
Current Use: Restaurant, Retail
Days on Site: 117
Electric: Single Phase
Exterior: Block, Brick
Parcel#: 14-19.0-202-002
Potential Use: Restaurant, Retail
Road Frontage: City Street
Road Surface: Asphalt
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Select Properties
Shown By
Agent Name: Jay Kehrer
Agent Phone: (618) 670-2422
Agency Title: Strano & Associates
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700 N State Street | MLS# 25077959
This commercial property located at 700 N State Street, Freeburg, IL 62243 is currently listed for sale with an asking price of $2,100,000. Search Freeburg real estate on jkehrer.strano.com today.