For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

221 Park Ave Herrin, IL 62948

For Sale
$250,000

High-Income Potential, Prime Location

Property size:
10,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
316
This exceptional 10,000 square foot, two-story commercial building presents a remarkable investment opportunity in the heart of Herrin, Illinois. Situated on a corner lot along a major downtown thoroughfare at 221 N Park Avenue, this property boasts significant income-generating potential. The main floor is currently divided into two separate retail/office spaces, generating an approximate annual income of $20,000. This established rental stream provides immediate return on investment. The expansive second floor offers versatile space ideal for a variety of uses. Imagine hosting banquets or meetings in the large open area, or converting a portion into additional office space or even residential accommodations. The possibilities are numerous, allowing for creative adaptation to meet evolving market demands. The building's prime location in the bustling downtown area ensures high visibility and accessibility, attracting a steady stream of potential customers and tenants. This property is a rare find, combining established income with significant upside potential for future growth and expansion. Don't miss this chance to acquire a valuable asset in a thriving community. The asking price is $250,000.

Property Features for 221 Park Ave

General Information

Property type
Other commercial real estate
Square Feet
10,000 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Herrin
County
Williamson
State
Illinois
Longitude
-89.02785
Latitude
37.80496

FAQs

What type of property is this?
Commercial real estate - High-Income Potential, Prime Location
Where is this commercial real estate located?
The property is located at 221 Park Ave Herrin, IL.
What is the asking price?
The asking price for this property is $250,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message