Price listed is Starting Bid Only. Bidding starts closing 7/24/2025 @ 5 p.m. Unlock the potential of this versatile 32,136± sq. ft. commercial gem! Situated just off Collinsville Avenue with prominent visibility from I-64/55, this property boasts exposure to an impressive average daily traffic count of 108,300 vehicles. Zoned C-2 Central Business District, it is within the City of East St. Louis zoning authority, perfect for a range of development opportunities. Any non-conforming use can be pursued with city approval. Plus, the property benefits from being in a Tax Increment Financing (TIF) district, offering added development incentives. Originally constructed in 1948, the building has seen recent upgrades, including partial roof improvements between 2020–2021. It features zoned HVAC and connects to public utilities. Set on approximately 0.88± acres, the site offers 201± feet of frontage, on-street parking, and 10 additional spaces on the building’s side. Located just minutes from Downtown St. Louis and major Metro East routes, ideal for visionary investors and business owners alike. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers. Showings available on open house date only. Any showings after open house are by appointment only.
