E 5Th St

0 Bedroom Real Estate has been listed for sale at 1531 E 5 Th St in Metropolis for $165,000. Chat with a local expert, book a tour.

Metropolis

1531 E 5Th St

1531 E 5 Th St, For Sale in Metropolis - eXp Commercial Brokerage

Investment Property with Multiple Units and Income Potential! Former motel converted into a multi-unit property featuring 3 apartments, a storefront/office, and community laundry area. The second floor is not currently usable but once housed 2 large apartments—great future potential. Property also includes a 33x22 garage/workshop with electric and a roll-up door, plus 3 small homes—2 currently rented. There's space in the back for camper hookups. Plenty of opportunity here for rental income, renovation, or expansion!

This prime commercial property, strategically located on US Route 45, offers immense potential for various business endeavors. With three entrance/exit points, it ensures easy accessibility for customers and clients. The property boasts a main 2-story building encompassing a versatile mix of spaces, including a storefront with office area, community laundry facilities, and residential units ranging from 1 to 2 bedrooms. The second floor presents an opportunity for further development into additional units or convenient storage space. In addition to the main building, the property features a detached garage and two separate houses, each offering comfortable 2BR/2BA living accommodations. Whether you're seeking a retail space with residential rental potential or looking to expand your real estate portfolio, this property offers endless possibilities.

1531 E 5 Th St, Metropolis, IL

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