202 State St, Alton, IL 62002

$175,000

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List Price
$175,000
Days on Market
5
MLS#
26071387
Status
ACTIVE
Lot Size
1,250
Acres
0.03
Year Built
1950
Subdivision
Penitentiary/Alton
County
Madison
Listing Type
Commercial

Property Description

Commercial investment opportunity in a highly visible location along State Street in Alton, just off the River Road! This multi-level building is currently occupied by a cigar shop tenant, who has the option to remain and continue renting or relocate within 60 days of closing. The second floor offers living quarters, while the partially finished third level provides additional space and potential for added income. Both upper levels present opportunities to expand the property's income potential. Whether you're looking to add to your investment portfolio or occupy the commercial space yourself, this property offers excellent visibility, flexibility, and plenty of possibilities!

Additional Information

Selling Terms
Cash, Conventional

Listing courtesy of Kristen Weld. Tarrant and Harman Real Estate and Auction Co

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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