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Remodeled Mixed-Use Building
For Sale
$795,000

1051 S Wall St, Carbondale, IL 62901

Brick-and-concrete property combines retail space, storage areas, and boutique lodging accommodations.

Property Size13,999 SF
Price / SF$56.79
Days on Market17

Property Features for 1051 S Wall St

General Information

Standard status Active
Size 13,999 SF

Building Details

Buildings 2
Stories 3
Construction brick and concrete
Listing Agency: COMMERCIAL REALTY ASSOCIATES
Listed By: Rolf Schilling · License #471012048
Source: Liveliferealty
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 29 at 11:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMMERCIAL REALTY ASSOCIATES

Investment Insights

Based on property information with market context.

This three-story brick-and-concrete mixed-use building has been remodeled and includes 6,990 SF of retail space. Additional improvements include 2,175 SF identified for expandable retail or storage use, a separate 840 SF garage, 1,365 SF of separate expandable retail area, and 3,469 SF of bottom-level storage space.

The property also includes boutique lodging accommodations with three studio apartments measuring 400 SF each and a one-bedroom, one-bath apartment measuring 570 SF. A large common area serves the lodging units, and the detached garage is leased separately. Located at 1051 S Wall St in Carbondale, the building is adjacent to Southern Illinois University and near downtown businesses and major shopping areas.

Key Highlights

  • 6,990 SF of remodeled retail space
  • Three‑story brick‑and‑concrete construction
  • 2,175 SF of expandable retail or storage area

Property Analytics

Current Use

Growing Media Marketing Advertising Agency the SPIEL Studio Television Studio

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Bakery (Bike/Boat/Book/etc) Store HVAC Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

721
Businesses Nearby

Demographics for 62901, IL

22,967
Population
12,498
Households
1.8
Avg Household Size
29
Median Age
48%
College-Educated
95%
High-School Grad
27.1 sq mi
ZIP Area
847
Density / Sq Mi
$32,960
Median Household Income
$23,962
Median Earnings
$732
Median Rent
$137,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick-and-concrete property combines retail space, storage areas, and boutique lodging accommodations.
Where is this mixed-use property located?
The property is located at 1051 S Wall St Carbondale, IL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 6,990 SF of remodeled retail space; Three‑story brick‑and‑concrete construction; 2,175 SF of expandable retail or storage area
More about this property
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