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$285,000
24035610 MLS ACTIVE Status
This former school offers a rare blend of historic charm and modern adaptability, making it an excellent investment for visionary developers, entrepreneurs, or community leaders. Whether you're looking to create a residential haven or a community cornerstone, this property provides the perfect canvas. This building boasts classic architectural features, high ceilings, and large windows that flood the space with natural light. Multiple classrooms, a gymnasium, an auditorium, kitchen and administrative offices provide a variety of layout options. Spacious outdoor area is perfect for recreational activities or expansion. The property could be transformed into trendy loft apartments or a unique condominium complex with plenty of room for communal spaces, gardens, and outdoor recreation areas. Perfect for a private school, daycare center, or vocational training center.

121 W Elm St, Alton

$4,000,000
24060478 MLS ACTIVE Status
Excellent investment opportunity & great central location! Medical office building w/64,800 sf w/approx. 54,000 rsf with over 1/2 of the building rented w/2-5yr NNN leases. The building consists of 2 floors & lwr level. The main floor offers a common area including a lobby, bathrooms, conference room & 2 elevators that service all 3 levels. There is prime space available on the 1st floor for lease. The lower & 2nd level are leased to a large St. Louis based medical healthcare system & 2 other prominent medical tenants. The exterior of the building is brick & glass & sits on 4.3 acres w/ a large asphalt parking area that has approx. 270 parking spaces, w/ 10 handicap. The property has 2 parcels & is zoned C2 General Commercial Dist. Uses include restaurant, retail stores professional/personal services and medical offices. This property has easy access to major hwys (Rte 3, Rte 140 & College Ave) & close to Interstates 255 & 270. Avg. daily vehicle counts are approx. 14,200 VPD. Location: Business Park

1 Professional Dr, Alton