For Sale
$450,000

1300 George StMount Vernon, IL 62864

High-Yield Investment Opportunity: 95% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity in Mt. Vernon, IL, featuring a 95% occupancy rate with existing leases. This property comprises three buildings totaling over 15,600 square feet of versatile space, ideal for a variety of commercial uses. Building A boasts 3,500 square feet of office space, complete with a reception area, waiting room, breakroom, conference room, five private offices, and two restrooms, plus 1,500 square feet of shop space and 1,000 square feet of upper-level storage. Building B offers 4,500 square feet of heated and insulated shop space, featuring three large openings (two 14-foot and one 10-foot). Building C provides 3,600 square feet of heated and insulated shop space with water access. The entire complex includes 19 additional storage bays and is secured with a gated, key-code entry system. This property presents a unique opportunity for growth and expansion, with flexible lease options available for those not ready to purchase. The asking price is $450,000. Located at 1300 George Street, Mt. Vernon, IL 62864.

Highlights

  • $450,000 asking price.
  • Three-building commercial property in Mt. Vernon, IL, consisting of office and warehouse space.
  • 95% occupied with existing leases.
  • Building A: 3,500 sq ft of office space (reception, waiting room, breakroom, conference room, 5 offices, 2 restrooms) and 2,500 sq ft of shop/storage space.
  • Building B: 4,500 sq ft of heated and insulated shop space with three oversized loading doors.
  • Building C: 3,600 sq ft of heated and insulated shop space with water access.

Property Details for 1300 George St

Property type
Warehouses, Office properties
Buildings
3

Location Insight

City
Mount Vernon
County
Jefferson
State
Illinois
Latitude
38.331402241231
Longitude
-88.90841538633
1300 George St, Mount Vernon, Illinois

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1300 George St
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