Downtown Three-Story Commercial
For Sale
$800,000
612 W Gallatin St, Vandalia, IL 62471
20,700 sq ft three-story building in downtown area.
Property Size20,700 SF
Price / SF$38.65
Days on Market519
Property Features for 612 W Gallatin St
General Information
Standard status
Active
Size
20,700 SF
Taxes and HOA fees
Annual Taxes
$1,359
Listing Agency:
Strano & Associates
(618) 670-2422
Listed By:
Jay Kehrer · License #475166243
(618) 670-2422
Source:
Exprealty
Added: Mar 28, 2025
Changed: Aug 21
Last Checked: Aug 26 at 12:43PM
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 Strano & Associates
Investment Insights
Based on property information with market context.
This three-story building, constructed in 1924, offers over 20,700 square feet of space, with approximately 6,900 square feet per floor. Located in the downtown area, the property is being marketed with the parcel it occupies, along with an optional adjacent parcel that could potentially enhance the building's overall development. Originally a motel, the building was most recently used as efficiency apartments before a fire. An elevator provides access from the basement to the third floor, complemented by two staircases serving all four levels. The main floor features a lobby area, dining hall, kitchen/serving area, several bathrooms, and additional rooms suitable for various uses. The upper two levels contain numerous rooms that can be divided and reconfigured for offices or tenant spaces. The two basement areas are suitable for storage, utilities, and equipment. The floors are constructed of poured concrete, with the first floor having a 19-inch pour, the second floor a 15-inch pour, and the third floor an 11-inch pour.
Key Highlights
- Large building with over 20,000 sq ft, approximately 6900 sq ft per floor.
- Includes the parcel the building sits on, with an optional second parcel for enhanced development potential.
- Elevator access from basement to the 3rd floor, plus two staircases accessing all four levels.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Explore this area
Business Placement
Demographics for 62471, IL
10,530
Population
4,025
Households
2.6
Avg Household Size
40
Median Age
20%
College-Educated
88%
High-School Grad
128.2 sq mi
ZIP Area
82
Density / Sq Mi
$58,810
Median Household Income
$33,286
Median Earnings
$739
Median Rent
$119,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 20,700 sq ft three-story building in downtown area.
Where is this office building located?
The property is located at 612 W Gallatin St Vandalia, IL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Large building with over 20,000 sq ft, approximately 6900 sq ft per floor.; Includes the parcel the building sits on, with an optional second parcel for enhanced development potential.; Elevator access from basement to the 3rd floor, plus two staircases accessing all four levels.
