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409 Walnut St Carbondale, IL 62901

Sponsored
For Sale
$189,900

High-traffic location, multi-use potential.

Property size:
4,483 SF

Description

Added:
Feb 3, 2025
Days on Market:
343
This exceptional 4,483 square foot commercial property, situated on a generous 1.29-acre lot in Carbondale, Illinois, presents a unique investment opportunity. The property boasts a prime location along Highway 13 (also known as East Walnut Street), ensuring high visibility and significant traffic counts. Three existing buildings are currently on the site, offering flexibility for various development scenarios. Two of the structures are suitable for restoration into multi-family residential units, capitalizing on the area's demand for housing. The third building is well-suited for storage purposes. Alternatively, given the substantial lot size and desirable location, the property lends itself to complete redevelopment, allowing for the construction of a new structure tailored to specific needs. The property's accessibility is further enhanced by its convenient access from the highway and two adjacent side streets. Priced at $189,900, this property offers a compelling return on investment, whether through rehabilitation of existing structures or new construction. The high traffic count and prominent location make this an ideal opportunity for a savvy investor seeking a versatile commercial property with significant potential.

Property Features for 409 Walnut St

General Information

Property type
Other commercial real estate
Square Feet
4,483 SF
Lot Size
56,192 SF

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
Carbondale
County
Jackson
State
Illinois
Longitude
-89.21027
Latitude
37.72554

FAQs

What type of property is this?
Commercial real estate - High-traffic location, multi-use potential.
Where is this commercial real estate located?
The property is located at 409 Walnut St Carbondale, IL.
What is the asking price?
The asking price for this property is $189,900.
More about this property
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