1308 Walnut StMurphysboro, IL 62966

  • Commercial real estate
  • 0.02 AC
For Sale
$122,000 View listing

Property Details for 1308 Walnut St

Lot size
0.02 AC
Property type
Commercial real estate
APN
14-04-376-027
APU
1404376027

Description

This exceptional 1,008-square-foot commercial building is located at 1308 Walnut Street in the heart of Murphysboro, Illinois. Previously operating as a restaurant, this property boasts a prime downtown location with excellent visibility and high traffic volume, benefiting from both pedestrian and vehicular traffic. The building's versatile layout makes it suitable for a variety of commercial uses, including restaurants, retail stores, or other similar businesses. A significant advantage for food-related ventures is the inclusion of comprehensive kitchen equipment and existing gas hookups, significantly reducing start-up costs and time. The property sits on a 0-acre lot, offering convenient access and minimal exterior maintenance. The asking price for this turnkey opportunity is $122,000. This presents a rare chance to establish a business in a thriving downtown area with established foot and vehicle traffic, making it an attractive investment for entrepreneurs seeking a well-positioned commercial space. The property's history as a successful restaurant speaks to its potential for continued success in a variety of commercial applications. Serious inquiries are encouraged to explore this exciting opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $284,659
    Hospitality
    $260,746
    Educational
    $216,937
    Medical
    $224,398
    Retail
    $337,458

Location Insight

City
Murphysboro
County
Jackson
State
Illinois
Latitude
37.7645
Longitude
-89.3369
CBSA code
16060
CBSA name
CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$907
$4,530
$3,485
$8,015
-
$13,590
$10,455
$24,045

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].