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423 S Buchanan Street

Edwardsville, IL 62025
  • $770,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: 25003399
$770,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,357
    SQFT
  • $327
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1990
County:

School Ratings & Info

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.

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-02-09T23:39:06.613.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/159651341
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423 S Buchanan Street Edwardsville, IL 62025

  • Price: $770,000
  • Status: Active
  • On Site: 18 Days
  • ID#: 25003399
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2,357
SQFT
$327
$/SQFT
1990
Built
Neighborhood:
Wolfs Sub
County:
Madison
Property 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.
Exterior Features

Attached Garage YN No Construction Materials Conventional Lot Size Source County Records Parking Features ConcreteParking LotAsphalt Road Frontage Type County Road Unit Location Corner LocationDowntown

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Commercial Type Special Purpose/Use Current Financing Cash OnlyConventional Current Use Single OccupancyOther Disclosures UnknownSellers Discl. Avail Documents Available Leases Electric Other Inclusions Building & Land Lease Term Three Years or Less Net Operating Income 52305 Operating Expense Includes Real Estate Tax Possession Other Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 7696 Tax Year 2023 Transaction Type Sale Utilities Electricity AvailableGas to SiteWater AvailableSewer AvailablePhone Available Water Source Public Zoning Commercial

Listing provided courtesy of RE/MAX Preferred: 2362111. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-02-09T23:39:06.613.

Fusion Realty, LLC: 618.781.9170
 
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Fusion Realty, LLC
One 157 Center
Edwardsville IL, 62025