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    329 Broadway St Mt Vernon, IL 62864

    For Sale
    $250,000

    Commercial - Mt Vernon, IL

    Property size:
    3,538 SF
    Days on Market:
    72
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 329 Broadway St Mt

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B2
    APN
    07-29-455-031
    Size
    3,538 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Flooring type
    Carpet, Tile
    Building materials
    Frame, Vinyl Siding
    Roof type
    Composition, Shingle
    Architectural style
    Other

    King City Property Brokers Inc (618) 237-7166 [email protected]

    Listing agent Andrea Baker (618) 316-7331 License #471021927

    Listing date Sep 26, 2025

    MLS# EB458745 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Two-Story Commercial Building

    This two-story commercial building in Mt Vernon, IL, offers a versatile layout suitable for a variety of business opportunities. The first floor features a waiting room and reception desk, three offices, a breakroom, a bathroom, and a large open space with high ceilings. The open space is suitable for retail, a showroom, or collaborative workspaces. The second floor includes two large rooms that can serve as additional offices, meeting spaces, or potential living quarters, along with a full bathroom with washer and dryer hookups. Located on a corner lot, the property benefits from significant visibility, with a traffic count of over 6000 vehicles per day. The 3538 square foot building is handicap accessible and ideal for photographer, office spaces, retail, medical, salon or professional services, with the flexibility to adapt to a variety of business models. The property is zoned B2. The main floor is available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Vernon
    County
    Marion
    State
    Illinois
    Longitude
    -88.894948
    Latitude
    38.317171

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    FAQs

    What type of property is this?
    Retail space - Two-story commercial building suitable for various business opportunities.
    Where is this retail space located?
    The property is located at 329 Broadway St Mt Vernon, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - High-visibility corner lot location with significant traffic (6000+ vehicles per day) for excellent business exposure.; - Versatile layout suitable for various business types (office, retail, medical, salon, professional services) or mixed-use.; - Large open space with high ceilings, ideal for retail, showroom, or collaborative workspaces.
    (618) 316-7331
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    329 Broadway St Mt Vernon, IL 62864
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    Vernon, IL 62864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    329 Broadway St Mt Vernon, IL 62864
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