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$ 530,000
Est. payment /mo
Active
2009 Seminary ST Alton, IL 62002
39.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26039163
Year Built 1903
Lot Size 39.300 Acres
Acres 39.3
Property Sub-Type Mixed Use
Property Description
Exceptional opportunity to own the historic former Western Military Academy, most recently the home of Mississippi Valley Christian School, with endless redevelopment potential. This almost 40 acres property features three buildings with classrooms, administrative offices, meeting rooms, dormitory-style accommodations, cafeteria area, gymnasium/recreation areas, and ample storage space. Situated on a large campus, the property is well-suited for a variety of uses, including educational facilities, residential redevelopment, senior living, event venues, hospitality, religious organizations, corporate training centers, or mixed-use development, with the appropriate zoning changes. The main administrative/classroom building is about 35,000 sf over four floors. Included is the lower level cafeteria area and classrooms, the other three floors have administrative offices, additional classrooms and a living area. There is a newer roof and updated mechanical systems. The gymnasium is over 9,500 sf. with a stage and newer roof. The barracks building is about 15,000 sf. It is laid out dormitory style, has good bones and needs major renovating. The additional acreage could be redeveloped. The campus offers a unique blend of character, history, and functionality, with spacious interiors and flexible floor plans ready for renovation or repurposing. Conveniently located with easy access to major transportation routes, this one-of-a-kind property presents an outstanding investment and redevelopment opportunity.
Location
State IL
County Madison
Interior
Heating Electric, Forced Air, Natural Gas, Hot Water
Cooling Central Air
Flooring Carpet, Ceramic Tile, Hardwood, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Building
Water Public
Structure Type Brick,Stone
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Rick Lauschke • Coldwell Banker Brown Realtors