Skip To Content

    3015 W Delmar Avenue

    Godfrey, IL 62035
    • $450,000
    • STATUS: Active
    • ON SITE: 352 days
    • ID#: 20047641
    UPDATED: 13 min ago
    $450,000
    • 0
      BEDS
    • 4.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,800
      SQFT
    • $118
      $/SQFT
    Type:
    Commercial
    Built:
    1941
    County:

    School Ratings & Info

    Description

    ESTABLISHED GODFREY BUSINESS NEEDS LANDLORD! Prime corner location. All 4.5 acres has commercial potential. This property includes a restaurant, and three rental houses. All four have had active leases over the last several years. The restaurant has a lease agreement through 2023. This 4.5 acre parcel will be subdivided upon sale. Highlighted picture shows approximate parcel. The restaurant includes 3800 sq/ft of retail space on highly visible property at a high traffic intersection. The rental houses include a 1300 sq/ft 3 BR/1BA unit and two 800 sq/ft 2 BR/1BA units. The owner averages a gross income of $3225/mo over the last 10 years.

    Monthly Payment Calculator

    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-08-04T18:50:09.337.

    Walker Real Estate Team: (573) 433-1091
    www.ftleonardwoodhomesearch.com/homes/109059778
    Print Image

    3015 W Delmar Avenue Godfrey, IL 62035

    • Price: $450,000
    • Status: Active
    • Updated: 13 min ago
    • ID#: 20047641
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.5
    Acres
    3,800
    SQFT
    $118
    $/SQFT
    1941
    Built
    County:
    Madison
    Property Description
    ESTABLISHED GODFREY BUSINESS NEEDS LANDLORD! Prime corner location. All 4.5 acres has commercial potential. This property includes a restaurant, and three rental houses. All four have had active leases over the last several years. The restaurant has a lease agreement through 2023. This 4.5 acre parcel will be subdivided upon sale. Highlighted picture shows approximate parcel. The restaurant includes 3800 sq/ft of retail space on highly visible property at a high traffic intersection. The rental houses include a 1300 sq/ft 3 BR/1BA unit and two 800 sq/ft 2 BR/1BA units. The owner averages a gross income of $3225/mo over the last 10 years.
    Exterior Features

    Attached Garage YN No Construction Materials Conventional Lot Size Source Owner Parking Features Gravel Parking Total 25 Road Frontage Type State Road Roof AsphaltFlat Unit Location Corner LocationHigh Traffic

    Interior Features

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

    Property Features

    Association Greater Gateway Association Of Realtors Commercial Type Special Purpose/Use Cross Street Clifton Terrace Rd Current Use 1 StoryMixed UseRestaurantStore FrontWarehouseBar/TavernResidentialRestaurantTruck Garage Disclosures UnknownOccupancy Perm Req Electric 220 VoltsAmeren Inclusions Building & Land Lease Term More Than 3 Years Miscellaneous 2+ LavatoriesKitchen Facilities Net Operating Income 24000 Operating Expense Includes ElectricityGasHeat/CoolingInsuranceReal Estate TaxWater/Sewer Possession Close Of Escrow Possible Use RestaurantResidential Property Sub Type Commercial & Indr. Sewer Septic Tank Special Listing Conditions No ExemptionsNone Tax Annual Amount 8441 Tax Year 2018 Transaction Type Sale Utilities Electricity AvailableGas To SiteWater AvailableSewer Available Water Source Public Zoning Special Use

    Listing provided courtesy of Re/Max Alliance. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-08-04T18:50:09.337.

    Walker Real Estate Team: (573) 433-1091
     
    https://bt-photos.global.ssl.fastly.net/midamerica/1280_boomver_1_20047641-2.jpg https://bt-photos.global.ssl.fastly.net/midamerica/1280_boomver_1_20047641-2.jpg https://bt-photos.global.ssl.fastly.net/midamerica/1280_boomver_1_20047641-2.jpg
    Logo
    Walker Real Estate Team
    854 Missouri Ave
    St Robert MO, 65584