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Elizabeth Gregory

elizabeth@gregorylandgroup.com +1(660) 285-5423

$ 2,700,000

Est. payment | -/mo

0.9 Acres Lot

Save

$ 2,700,000

Est. payment | -/mo

Save

0.9 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Subdivision Billhartz Add

MLS Listing ID 26003328

Year Built 2024

Annual Tax Amount $1,396

Lot Size 0.900 Acres

Acres 0.9

Property Sub-Type Retail

Property Description

Here is a unique opportunity for a new construction commercial retail center. It is known to the public as the New Baden Center. The building has roughly 9000 sq ft of space to be utilized. It has been laid out for up to seven retail spaces. Six of those spaces are slated to be 1000 sq ft each. With one of the six currently rented out to State Farm Insurance, suite #2. The remaining 3000 sq ft, Suite #1, has been designed by the builder/owner for a future specialized construction trade distribution center. If the property sells before it opens seller will consider not moving in if new owners need this extra space. If the property sells after Suite #1 opens, the current owner will gladly enter into a rental agreement for multiple years with the new owners. Currently Suite #3 has space laid out for the next 1000 sq ft unit. Just waiting on the next business to make that space their own. Multiple businesses have reached out and are considering this unit. The remaining 4000 sq ft has an open layout as seen in pictures to be more flexible for a larger business. So, if you have been considering building for your business but are having trouble with the land purchase and building plans, maybe this could be the place for your company to land. Use what you need and then collect rents for the rest of the building. Asking listing price is based on the projected costs of finishing out each unit by final sale. Types of business that move in could vary the sales price significantly to the plus or the minus side. Seller/builder is welcome to custom making each space fit the needs of the renters. As well as an option to finishing the space that may be needed for a purchaser before closing. The Village of New Baden is currently building a new Village Hall, Police Department, & Emergency Services complex across the street. So, the traffic count should pick up once the project is complete Summer of 2026.

Location

State IL

County Clinton

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Electric, ENERGY STAR Qualified Equipment

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected

View Y/N No

Building

Water Public

Structure Type Other

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jay Kehrer • Strano & Associates

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(660) 285-5423

elizabeth@gregorylandgroup.com

115 W Washington Street Kirksville, MO, 63501

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1219 E Cedar ST New Baden, IL 62265