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Storefront Property with Fenced Parking
New
For Sale
Under Contract
$115,000

509 Pearl Street, Godfrey, IL 62035

Commercial Sale, Godfrey, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market2

Property Features for 509 Pearl Street

General Information

Property type Commercial Sale
Property subtype Other
Appliances Washer/Dryer
Subdivision Squires Add
Directions GPS friendly
Standard status Active Under Contract
APN 24-2-01-23-03-302-013
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SQUIRES PLAT OF GODFREY LOT 8 25X160.6
Tax Annual Amount 1540
Legal Description SQUIRES PLAT OF GODFREY LOT 8 25X160.6

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

paved and fenced parking area
capped plumbing

Building Details

Year built 1940
Flooring type Vinyl
Building materials Vinyl Siding
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: Whitney McIver · License #475114662
Added: Aug 28 Last Checked: Aug 29 at 12:06AM
MLS# 26011795

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront property occupies a 0.092-acre parcel and consists of a cottage-style building adapted for commercial use. The interior includes one bedroom and one bathroom, vinyl flooring, forced-air heating, central air conditioning, and a washer/dryer. Vinyl siding and public water service are also in place. Built in 1940, the property most recently operated as a pet spa and retains capped plumbing associated with an earlier hair salon use.

A paved, fenced parking area behind the building accommodates approximately 8-10 vehicles. The property is currently zoned residential, with business use potentially available through a special use permit. Its address is 509 Pearl Street, Godfrey, IL 62035.

Key Highlights

  • 0.092‑acre parcel at 509 Pearl Street, Godfrey, IL 62035
  • Paved and fenced rear parking for approximately 8‑10 vehicles
  • Currently zoned residential; business use may require a special use permit

Property Analytics

Current Use

Peachy Paws Pet Grooming Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Kitchen & Bath Showroom Locksmith Skin Care Clinic

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

204
Businesses Nearby
25k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
13,684 visits/mo 0.4 miles
Godfrey #1 Shops & Services
10,473 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
837 visits/mo 0.5 miles
U-Haul Shops & Services
212 visits/mo 0.2 miles

Demographics for 62035, IL

16,172
Population
7,145
Households
2.3
Avg Household Size
47
Median Age
33%
College-Educated
96%
High-School Grad
43.8 sq mi
ZIP Area
369
Density / Sq Mi
$91,696
Median Household Income
$51,693
Median Earnings
$1,158
Median Rent
$179,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Updated commercial space with residential zoning and potential business use subject to a special use permit.
Where is this storefront property located?
The property is located at 509 Pearl Street Godfrey, IL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: 0.092‑acre parcel at 509 Pearl Street, Godfrey, IL 62035; Paved and fenced rear parking for approximately 8‑10 vehicles; Currently zoned residential; business use may require a special use permit
More about this property
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