2801 BROADWAY Street, Mt Vernon, IL 62864
sale $178,000 | Commercial/CIE
Courtesy Of Cross Davidson Real Estate, Inc.
This is an opportunity waiting to happen on many levels. A location that is just about as prime as you can get, with average daily traffic count estimated at approximately 21,000 by IDOT. The property is for sale and there are units available for lease. Over 4,600 square feet in space that is currently divided into four individual units. The parking lot accommodates approximately 25 vehicles and is well-lit at night for security. The building will have a new roof installed in April 2020 and interior improvements in some units will follow. Built in 1980 the one-story frame structure sits mainly over crawl space with an unfinished basement at the east end. A long-term tenant occupies about 2,000 sq ft currently and could remain as an income source for a new owner. The units available for lease are (A) 1,000 sq ft for $700/month; (B) 750 sq ft for $500/month and (D) 700 sq ft for $450/month. The owner pays for water; garbage and exterior maintenance.
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- Age: 31-40 Years Old
- Architecture Style: Other
- MLSID: EB432861
- Roof Type: Unknown
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