1012 Main StMount Vernon, IL 62864
- Other commercial real estate
- 944 SF
Property Details for 1012 Main St
- Year built
- 1900
- Property size (Sq ft)
- 944 SF
- Property type
- Other commercial real estate
- APN
- 07-29-352-011
- APU
- 729352011
Description
This exceptional commercial property at 1012 Main Street in Mt. Vernon, Illinois, presents a unique investment opportunity. The 1900-built building, situated just half a block from the courthouse, underwent a complete renovation in 2017 and received a fresh coat of paint in 2024. The interior boasts a redesigned floor plan, a stunning metal ceiling, and updated lighting throughout. A fully equipped kitchen features modern appliances and a subway tile backsplash, complemented by a bathroom with ample storage. Additional attic space provides further storage solutions. The property's versatility allows for adaptation to a wide range of commercial uses, making it an ideal choice for entrepreneurs and investors alike. Street parking is readily available for clients and customers. Currently leased with a two-year term expiring August 31, 2026, this property offers immediate income potential. The asking price is $98,765. This land, industrial, office, and retail space is classified as commercial and flex space, offering a blend of uses within a single, well-maintained building. The property's central location and recent renovations make it a highly attractive investment prospect in the heart of Mt. Vernon. The zip code is 62864.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $246,983
- Hospitality
- $226,235
- Educational
- $188,225
- Medical
- $194,698
- Retail
- $292,795
Location Insight
- City
- Mount Vernon
- County
- Jefferson
- State
- Illinois
- Latitude
- 38.3178
- Longitude
- -88.9044
- CBSA code
- 34500
- CBSA name
- MOUNT VERNON, IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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