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1201 E 5th St
Metropolis, IL 62960
Retail Property For Sale
Executive Summary
Prime retail investment opportunity in the heart of Metropolis. This 6,010 square foot strip center sits on approximately 0.65 acres and is anchored by nationally recognized tenants including Verizon and World Finance, providing strong visibility and consistent traffic.
Strategically positioned directly across from Big John’s Super Store, the only grocery store in Metropolis, this location benefits from steady daily consumer flow. The property also offers excellent accessibility with close proximity to I-24, area hospitals, and major retail corridors.
Ample on-site parking supports tenant and customer convenience, while the current tenant mix offers a solid foundation for both investors and owner-users. Verizon occupies approximately 1,400 square feet, adding to the strength of the tenant lineup.
This is a high-visibility, high-traffic location in one of the most active commercial pockets of the area.
High Five Smoke Shop 1,300 sq feet
Owners Space 1,300 sq feet
World Finance 2,010 sq feet
Strategically positioned directly across from Big John’s Super Store, the only grocery store in Metropolis, this location benefits from steady daily consumer flow. The property also offers excellent accessibility with close proximity to I-24, area hospitals, and major retail corridors.
Ample on-site parking supports tenant and customer convenience, while the current tenant mix offers a solid foundation for both investors and owner-users. Verizon occupies approximately 1,400 square feet, adding to the strength of the tenant lineup.
This is a high-visibility, high-traffic location in one of the most active commercial pockets of the area.
High Five Smoke Shop 1,300 sq feet
Owners Space 1,300 sq feet
World Finance 2,010 sq feet
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,010 SF
Building Class
B
Year Built
1990
Price
$1,174,020 CAD
Price Per SF
$195.34 CAD
Cap Rate
8.31%
NOI
$97,503 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.65 AC
Zoning
Commercial
Property Taxes
| Parcel Number | 08-12-200-049 | Improvements Assessment | $116,441 CAD |
| Land Assessment | $23,288 CAD | Total Assessment | $139,729 CAD |
Property Taxes
Parcel Number
08-12-200-049
Land Assessment
$23,288 CAD
Improvements Assessment
$116,441 CAD
Total Assessment
$139,729 CAD
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