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About This Home

This 0-bedroom, 0-bathroom commercial at 2009 Seminary Street in Alton, IL is listed for $530,000 ($15 per sqft). Built in 1903, the home offers 35,465 sqft of living space on a 39.30 acres lot.

Agent 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.

Key Features

  • Built in 1903
  • 39.30 acre lot

Property Details

1903

Amenities

Hardwood

Monthly Cost Estimate

$2,835/mo

20% down · 6.5% · 30 years

Principal$383
Interest$2,297
Insurance$155

Estimates only. Actual payments may vary.

Location

2009 Seminary Street

Alton, IL 62002

None

Property Details

Flooring

CarpetHardwoodTileTile - CeramicVinyl

Construction

BrickStone

Heating

Electric (Heating)Forced AirHot Water (Heating)Natural Gas

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2009 Seminary Street is listed at $530,000 ($15/sqft). The estimated monthly payment is $2,297 based on 20% down at 6.5% interest.

Key features include: Built in 1903, 39.30 acre lot.

This property is listed by Rick Lauschke and can be reached at 6184449182 or rlauschke@cbbrownrealtors.com.

RL

Rick Lauschke

Agent at Coldwell Banker Brown Realtors

(618) 444-9182

Listed by Coldwell Banker Brown Realtors · View on Broker Site

MLS# 26039163· Source: listhub· Updated today

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2009 Seminary Street, Alton, IL 62002

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