Technical
Financial
Distress signals
Property profile

303 Wall St Carbondale, IL 62901

OFF-MARKET
Commercial real estate
Property ID
US28-0777473
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,580-square-foot commercial building at 303 N Wall Street in Carbondale, Illinois, presents a unique investment opportunity. Situated on a 0.43-acre lot, the property boasts ample parking and a large carport, ensuring convenient access for clients and employees. The building has undergone recent renovations, including the installation of two ADA-compliant bathrooms, enhancing its accessibility and functionality. Previously utilized as a funeral home, this adaptable space is ready for immediate occupancy and offers a multitude of repurposing possibilities for a variety of commercial ventures. Two brand-new HVAC units guarantee year-round climate control, contributing to both occupant comfort and energy efficiency. The building's asking price of $124,900 represents an exceptional value at approximately $48 per square foot. Its central Carbondale location and versatile layout make it an ideal choice for entrepreneurs seeking a well-maintained, ready-to-use commercial property. The substantial parking and carport area are significant assets, particularly for businesses requiring ample space for vehicles or client drop-offs. Don't miss this chance to acquire a prime commercial property in a thriving Illinois community.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 15-22-101-025
UPID US28-0777473

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency

Location

303 Wall St Carbondale, IL 62901-1730
Carbondale metro Census 10900 CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2020
3 recorded transactions
2020
$20,000
2018
Price N/A
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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