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Mixed-Use Property with Drive-In Doors

1318 Salem Road, Mount Vernon, IL 62864

For Sale
New
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A bar and gym occupy portions of the building, alongside available space and a separate upstairs office area.

Property Size23,440 SF
Price / SF$25.55
Days on Market6

Property Features for 1318 Salem Road

General Information

Standard status Active
Size 23,440 SF
Property subtype Retail, Industrial

Warehouse & Industrial

Office Build-Out 5,000 SF
Drive-In Doors 4
Three-Phase Power Yes
Conditioned Warehouse Yes

Additional Details

Road Access Yes
Tenant in Place Yes
Property Use Warehouse

Building Details

Buildings 1
Stories 2
Building Size 23,440 SF
Listing Agency: CAPPS REALTY
Listed By: CORY CAPPS · License #471021492
Source: Crexi
Added: Nov 4 Changed: Nov 8 Last Checked: Nov 8 at 3:26PM

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 CAPPS REALTY

Rey
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Investment Insights

Based on property information with market context.

This 23,440-square-foot mixed-use commercial building combines occupied and available space. A bar operates in the front section, and a gym uses the middle portion; approximately 7,000 square feet is available for occupancy or leasing. The second floor contains approximately 5,000 square feet of office space. Building features include three-phase electrical service, central heating and air conditioning across most of the facility, and four drive-in doors: two measuring 12 feet wide by 14 feet high, one measuring 8 by 10 feet, and one measuring 8 by 8 feet.

The property is at 1318 Salem Road on the north side of Mount Vernon, Illinois. IDOT reports average annual daily traffic of approximately 5,850 vehicles on the road. Existing tenants and unoccupied space are part of the current configuration.

Key Highlights

  • 23,440‑square‑foot building with approximately 7,000 square feet available
  • Bar in the front section and gym in the middle section
  • Approximately 5,000 square feet of upstairs office space

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Bars & Pubs

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Pharmacy

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

Lease Details

4
Drive-in doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

185
Businesses Nearby

Demographics for 62864, IL

23,327
Population
11,105
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
94%
High-School Grad
143.0 sq mi
ZIP Area
163
Density / Sq Mi
$58,082
Median Household Income
$36,440
Median Earnings
$882
Median Rent
$117,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A bar and gym occupy portions of the building, alongside available space and a separate upstairs office area.
Where is this mixed-use property located?
The property is located at 1318 Salem Road Mount Vernon, IL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 23,440‑square‑foot building with approximately 7,000 square feet available; Bar in the front section and gym in the middle section; Approximately 5,000 square feet of upstairs office space
(618) 231-6548 Call to check price and availability
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