2047 E 5th Street, Metropolis, IL

$299,900

Overview

  • 1245609
  • Property ID
  • Updated On:
  • June 2, 2026
  • 1 ft2
  • Property Lot Size

Description

Strategically positioned at Exit 37 of Interstate 24 and along U.S. Highway 45 in Metropolis, Illinois, this property offers exceptional visibility and access, with an average daily traffic count of approximately 12,800 vehicles. This prime commercial location is ideally suited for a restaurant, bar and grill, or a variety of hospitality and service-oriented businesses. The property features a 3300 square-foot building, formerly operated as a Pizza Hut, situated on nearly one acre with ample parking. The interior layout is designed with approximately half the space dedicated to dining space-including a front atrium-and the remainder configured for kitchen operations. Additional amenities include a drive-thru window, walk-in cooler and freezer, oven hood and two restrooms. Located within a Tax Increment Financing (TIF) District, Business District, and Enterprise Zone, plus potential eligibility for a Business Improvement Grant and potential sales tax reimbursement through the City of Metropolis. These programs could offer significant financial benefits to the new owner. While previously utilized as a restaurant, the building and its high-traffic location provide flexibility for a wide range of commercial uses whether you’re establishing a new business or expanding a current one.

Climate Control
Air Conditioning
Other Features
Brick
Carpet
Central Air
Composition
Municipal Water
Service - 201 to 600 Amps
Tile

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$1,537.65
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,162.77

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Information for the property at 2047 E 5th Street, Metropolis, IL, 62960 (Property ID: 1245609) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi