For Sale
$340,000

4140 Broadway StMount Vernon, IL 62864

Restaurant/Office Building, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional commercial property, located at the highly visible corner of Broadway and 42nd Street in Mt. Vernon, Illinois (zip code 62864), presents a unique investment opportunity. The 2,400 square foot, one-story office building, constructed in 1969, sits on a desirable corner lot and features a walk-out basement. The main level, updated in 2018, boasts new LED lighting, paint, flooring, and fixtures. The layout includes an open common area with a reception desk, numerous workstation spaces, a waiting area, and two conference rooms accented by glass block windows. Five additional large rooms offer flexibility for private offices, multi-workstation areas, or storage. A kitchen/break room with a newer refrigerator provides employee amenities, and a unisex bathroom completes the main level. The walk-out basement offers four additional spaces, previously leased, with potential for rental income, and two bathrooms. The building is equipped with dual-zone HVAC systems for climate control. Ample parking is available with approximately 15 dedicated spaces in the rear lot, along with 7 spaces on the east side and 4 in front. This well-maintained property has served as a successful business location for approximately 40 years, offering a proven track record and excellent potential for future growth. The asking price is $340,000.

Property Details for 4140 Broadway St

Property type
Retail properties, Restaurants
Year Built
1969

Location Insight

City
Mount Vernon
County
Jefferson
State
Illinois
Latitude
38.3145782
Longitude
-88.9419477
4140 Broadway St, Mount Vernon, Illinois

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4140 Broadway St
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