901 Niedringhaus Avenue Granite City IL

A remarkable investment opportunity, with room to grow and a high traffic location. Sale includes main building, garage, side lot 905 Niedringhaus and lot across the street 849 Neidringhaus. The building contains 3 rented apartments upstairs. (1 One bedroom, 2 efficiencies) The main floor has 2 rental units that can be used in current state of bar and retail or converted to apartments. Off the bar is a large all seasons room and deck. A shed in the fenced side yard is also great for more storage. Each unit has it’s own metered utilities except the heat in 1 bedroom apartment. Behind the building is an oversized 2 car garage that could be rented, used as a workshop or storage. The property already has rental income and with the right improvements more income can be added. The property sits on a corner lot near America Steel, Prairie Farms plant, and the America’s Central Port.

Listing presented by Jayne Endres RE/MAX Alliance