For Sale
$1,400,000

200 Park Ave Herrin, IL 62948

Historic building, multiple income streams

Overview

Added:
Feb 3
Days on market:
78
This stunning 24,000 square foot commercial property, located at 200 N Park Avenue in Herrin, Illinois, presents a unique investment opportunity. Built in 1909, this historic landmark, formerly the Baldwin Piano & Organ Company, boasts a prime downtown location with high foot traffic and a vibrant community. The main floor offers 12,000 square feet of open retail space, perfect for a variety of commercial uses. Large storefront windows, high ceilings, and original architectural details create a captivating atmosphere. Upstairs, 3,800 square feet of additional commercial space is ideal for offices or studios. Adding to the property's income potential are five spacious apartments, each blending historical charm with modern amenities. This multi-faceted property offers a blend of retail, office, and residential income streams, making it an exceptional investment in a thriving downtown area. The building's rich history and versatile layout provide a strong foundation for future success. This is a chance to own a piece of Herrin's heritage and secure a profitable investment. Priced at $1,400,000.

Property Details for 200 Park Ave

Property type
Commercial real estate
Square Feet
24,000 SF
Year Built
1910

Location Insight

City
Herrin
County
Williamson
State
Illinois
Latitude
37.81693
Longitude
-89.03036

FAQs

What type of property is this?
Commercial real estate - Historic building, multiple income streams
Where is the commercial real estate located?
The property is located at 200 Park Ave Herrin, IL.
What is the asking price?
The asking price for this property is $1,400,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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200 Park Ave
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