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Mixed-Use Brick Building
For Sale
$269,900

325 S Locust St, Centralia, IL 62801

Brick commercial building combines retail, warehouse, storage, and residential components with separate electric meters.

Property Size10,972 SF
Lot Size0.59 Acres
Price / SF$24.60
Days on Market16

Property Features for 325 S Locust St

General Information

Standard status Active
Size 10,972 SF
Lot size 0.59 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Warehouse Space 4,732 SF

Amenities

large storefront windows
drive-in access
exposed structural elements
separate electric meters

Building Details

Year Built 1923
Buildings 1
Stories 2
Building Size 10,972 SF
Construction brick
Listing Agency: Equity Realty Group
Listed By: MELISSA JARRELL · License #475.204551
Source: Illianahomesource
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 28 at 5:58AM

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 Equity Realty Group

Investment Insights

Based on property information with market context.

Built in 1923, this substantial brick property contains approximately 10,972 square feet across retail, warehouse, storage, and residential areas. The main level includes approximately 3,120 square feet of open retail space with large storefront windows, plus an approximately 4,732-square-foot warehouse with drive-in access. The upper level provides approximately 2,080 square feet of residential space with two bedrooms, 1.5 baths, floor-to-ceiling windows, exposed beams, an open layout, and a kitchen with stainless appliances and an oversized island. An additional 1,040 square feet of unfinished storage is located upstairs. Separate electric meters serve the residential and commercial areas.

The property occupies a 160' x 160' lot in Centralia's TIF 3 District, Greater Centralia Enterprise Zone, and DIA. Centralia provides access to St. Louis, Interstates 57 and 64, three major rail lines, and Centralia Municipal Airport, which has a 5,001-foot runway. The site also includes street parking and interior warehouse space for approximately three to five vehicles.

Key Highlights

  • Approximately 10,972 square feet across retail, warehouse, storage, and residential areas
  • Approximately 3,120‑square‑foot retail area plus an approximately 4,732‑square‑foot warehouse
  • Approximately 2,080‑square‑foot, two‑bedroom, 1.5‑bath living quarters

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Parking Lot & Garage Furniture & Home Goods 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.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

628
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial building combines retail, warehouse, storage, and residential components with separate electric meters.
Where is this mixed-use property located?
The property is located at 325 S Locust St Centralia, IL.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Approximately 10,972 square feet across retail, warehouse, storage, and residential areas; Approximately 3,120‑square‑foot retail area plus an approximately 4,732‑square‑foot warehouse; Approximately 2,080‑square‑foot, two‑bedroom, 1.5‑bath living quarters
More about this property
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