Steel City Plaza

3361 Fehling Road, Granite City, IL 62040

Property Information

  • For Sale $1,700,000
  • Property Type Retail
  • Property Size 15,600 SF
  • Lot Size 1.3 Acre
  • Cap Rate % 9.64
  • NOI / YR $163,885.00
  • # of Floors 1
  • Property Tenancy Multi-Tenant
  • Year Built 1989
  • Date Updated Apr 17, 2026

Description

Manor real estate is pleased to present the opportunity to acquire a 100% fee simple interest in a two (2) property portfolio within Granite City, Illinois (“The Properties”), comprised of Steel City Plaza and Green Professional Park

Steel City Plaza is an established 15,600 square foot multi-tenant retail center with 84.6% occupancy. The center features a desirable mix of 7 tenants with uses including Imo’s Pizza, a Nail Salon, Laundromat, Hair Salon and more. 

Green Professional Park is a four (4) building office complex, each building measuring approximately 3,584 square feet. Green Professional Park is a tremendous value-add opportunity through lease-up of vacancy and/or sales of the individual buildings to end users.

The Properties are being offered solely as a package for $2,150,000 (7.3% CAP).

Highlights

  • 15,600 square feet
  • Imo’s Pizza, Central Laundry, Nail Salon, Café & more
  • 85% Occupied
  • NNN Leases
  • 2,400sf For Lease
  • NOI of $163885

Contacts

Eddie Cherry

Manor Real Estate

Location

Contact Listing Broker
Eddie Cherry

Manor Real Estate

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