409 Walnut St Carbondale, IL 62901

This exceptional 4,483 square foot commercial property, situated on a generous 1.29-acre lot in Carbondale, Illinois, presents a unique investment opportunity. The property boasts a prime location along Highway 13 (also known as East Walnut Street), ensuring high visibility and significant traffic counts. Three existing buildings are currently on the site, offering flexibility for various development scenarios. Two of the structures are suitable for restoration into multi-family residential units, capitalizing on the area's demand for housing. The third building is well-suited for storage purposes. Alternatively, given the substantial lot size and desirable location, the property lends itself to complete redevelopment, allowing for the construction of a new structure tailored to specific needs. The property's accessibility is further enhanced by its convenient access from the highway and two adjacent side streets. Priced at $189,900, this property offers a compelling return on investment, whether through rehabilitation of existing structures or new construction. The high traffic count and prominent location make this an ideal opportunity for a savvy investor seeking a versatile commercial property with significant potential.