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237 Locust St Centralia, IL 62801

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For Sale
$220,000

Six-unit office building, prime location.

Property size:
6,400 SF

Property Features for 237 Locust St

General Information

Property type
Other commercial real estate
Square Feet
6,400 SF

Building Details

Year Built
1875

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Listing Contact
Stacey Russell

Listing Agency: SOMER REAL ESTATE Listing Agent: Stacey Russell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional six-unit office building presents a compelling investment opportunity in the heart of Centralia, Illinois. Situated on a corner lot directly across from the Centralia Area Historical Society Museum, this 6,400 square foot property enjoys high visibility and excellent accessibility. Currently, two of the six units are occupied by tenants, providing immediate rental income. The building's central location offers easy access to local amenities, businesses, and the city's vibrant downtown area. This makes it an ideal investment for those seeking a stable income stream or a location for their own business. The property's size and layout offer flexibility for a variety of uses, allowing for potential expansion or adaptation to meet evolving market demands. The building's prime location and existing tenancy make it a particularly attractive proposition for investors seeking a strong return on investment. This is a rare opportunity to acquire a well-situated commercial property in a thriving downtown area. The building's solid construction and desirable location ensure long-term value and potential for appreciation. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is offered at $220,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Centralia
County
Marion
State
Illinois
Longitude
-89.13461
Latitude
38.52522

FAQs

What type of property is this?
Commercial real estate - Six-unit office building, prime location.
Where is this commercial real estate located?
The property is located at 237 Locust St Centralia, IL.
What is the asking price?
The asking price for this property is $220,000.
More about this property
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