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    502 13Th St Centralia, IL 62801

    Sponsored
    For Sale
    $51,000

    Versatile Commercial Space, Prime Location

    Property size:
    1,470 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This 1,470 square foot multi-use commercial building presents a fantastic opportunity in Centralia, IL. Situated on a highly visible corner lot within the city's bustling business corridor, this property offers exceptional visibility and accessibility. The 0.19-acre lot provides ample space, while the building itself boasts a flexible layout ideal for a variety of commercial uses. Imagine utilizing the open floor plan for retail, a service facility, office space, showroom, warehouse, or workshop – the possibilities are numerous. The building's design allows for efficient use of space, catering to diverse business needs. Convenient onsite and street parking ensures easy access for customers and employees alike. This property is perfectly positioned to capitalize on the high traffic flow of the area, making it an attractive investment for entrepreneurs and established businesses seeking a prominent location. The asking price of $51,000 makes this a compelling opportunity to acquire a well-situated commercial property in a thriving Centralia business district. Don't miss out on this chance to establish or expand your business in a prime location.

    Property Features for 502 13Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,470 SF
    Lot Size
    8,276 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Centralia
    County
    Marion
    State
    Illinois
    Longitude
    -89.13417
    Latitude
    38.51428

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Space, Prime Location
    Where is this commercial real estate located?
    The property is located at 502 13Th St Centralia, IL.
    What is the asking price?
    The asking price for this property is $51,000.
    Request Owner's contact information
    502 13Th St Centralia, IL 62801
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    Centralia, IL 62801
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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
    502 13Th St Centralia, IL 62801
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