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Mixed-Use Property with Apartment
For Sale
$95,000

204 S Commercial St, Centralia, IL 62801

Commercial space combines open retail, storage, office areas, and on-site residential quarters.

Property SizeContact for details
Days on Market12

Property Features for 204 S Commercial St

General Information

Standard status Active
Listing Agency: Botterbush & Associates
Listed By: Kevin Botterbush
Source: Exprealty
Added: Aug 11 Changed: Aug 22 Last Checked: Aug 22 at 4:27AM

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 Botterbush & Associates

Investment Insights

Based on property information with market context.

This mixed-use property combines a commercial main level with a separate two-story apartment. The commercial portion is currently used as a thrift store and includes an open shopping area, several storage rooms, and a dedicated office. Its existing configuration accommodates retail, service, warehouse, or storage operations, subject to applicable requirements.

The apartment provides a two-level residential layout with an eat-in kitchen, living room with fireplace, and a ¾ bathroom on the main floor. Three bedrooms and a full bathroom are located upstairs. The property is at 204 S Commercial St in Centralia, Illinois, offering a single location for commercial operations and residential occupancy.

Key Highlights

  • Commercial main level currently used as a thrift store
  • Open shopping area with several large storage rooms
  • Dedicated office space within the commercial area

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Law Firm Kitchen & Bath Showroom

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

111
Businesses Nearby

Demographics for 62801, IL

20,502
Population
9,044
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
86%
High-School Grad
134.4 sq mi
ZIP Area
153
Density / Sq Mi
$53,740
Median Household Income
$36,109
Median Earnings
$785
Median Rent
$91,100
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space combines open retail, storage, office areas, and on-site residential quarters.
Where is this mixed-use property located?
The property is located at 204 S Commercial St Centralia, IL.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Commercial main level currently used as a thrift store; Open shopping area with several large storage rooms; Dedicated office space within the commercial area
More about this property
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