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Mixed-Use Building with Dual Storefronts
For Sale
$60,000

15 W Cumberland Street, Martinsville, IL 62442

Two commercial entrances frame retail, support, warehouse, and upper-level space in a flexible downtown building.

Property SizeContact for details
Days on Market130

Property Features for 15 W Cumberland Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Commercial
Zoning COM

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,497

Building Details

Year Built 1900
Buildings 1
Stories 2
Listing Agency: Stence Realty
Listed By: Reuben Stence · License #471020568
Source: Shelbyrealty
Added: Apr 14 Changed: Aug 14 Last Checked: Aug 20 at 2:20PM

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 Stence Realty

Investment Insights

Based on property information with market context.

This mixed-use property contains two separate commercial entrances along W Cumberland Street, allowing the interior to function as one operation or as two businesses. Each storefront includes a sizable retail area at the front with additional office or storage space behind it. The east side also contains a warehouse area at the rear, while the upper level has been cleared to provide open space for future configuration.

Constructed in 1900, the building is located in Martinsville, Illinois, and carries COM zoning. Its combination of storefront, support, warehouse, and upper-level areas creates a varied commercial layout within one property.

Key Highlights

  • Two entrances from W Cumberland Street support separate or combined commercial use
  • Front retail areas are paired with rear office or storage space
  • East side includes a rear warehouse area

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Building Supply Storage Facility Grocery & Convenience Store Hair Salon

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 62442, IL

2,322
Population
1,179
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
139.5 sq mi
ZIP Area
17
Density / Sq Mi
$65,000
Median Household Income
$37,070
Median Earnings
$602
Median Rent
$84,900
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial entrances frame retail, support, warehouse, and upper-level space in a flexible downtown building.
Where is this mixed-use property located?
The property is located at 15 W Cumberland Street Martinsville, IL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Two entrances from W Cumberland Street support separate or combined commercial use; Front retail areas are paired with rear office or storage space; East side includes a rear warehouse area
More about this property
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