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    1213 Broadway St Mount Vernon, IL 62864

    Sponsored
    For Sale
    $150,000

    Prime location, high visibility, flexible space.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional $150,000 commercial property at 1213 Broadway in Mt. Vernon, Illinois (zip code 62864) presents a fantastic opportunity for businesses seeking a high-visibility location. Built in 1900, this single-building property offers a versatile blend of commercial, flex, and warehouse space, ideal for a variety of uses. The property's prime corner location ensures excellent traffic counts, maximizing exposure for your business. A significant portion of the building features a large showroom and office area, perfect for client interaction and administrative functions. The remaining space is well-suited for storage and distribution, boasting six overhead doors for easy loading and unloading of goods. The property's classification includes land, industrial, and retail components, offering flexibility in its potential applications. The current business is relocating, making this a turnkey opportunity to establish your presence in the heart of downtown Mt. Vernon. This property is situated in Jefferson County, Illinois, and its coordinates are 38.3163638 latitude and -88.9067625 longitude.

    Property Features for 1213 Broadway St

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    1900
    Buildings
    1

    HighLights

    • $150,000 commercial property at 1213 Broadway, Mt. Vernon, IL 62864.
    • High‑visibility corner location in downtown Mt. Vernon with excellent traffic counts.
    • Versatile 1900s building offering commercial, flex, and warehouse space.
    • Features a large showroom and office area, plus six overhead doors for loading/unloading.
    • Turnkey opportunity; current business is relocating.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Jefferson
    State
    Illinois
    Longitude
    -88.9067625
    Latitude
    38.3163638

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    FAQs

    What type of property is this?
    Distribution property - Prime location, high visibility, flexible space.
    Where is this distribution property located?
    The property is located at 1213 Broadway St Mount Vernon, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 commercial property at 1213 Broadway, Mt. Vernon, IL 62864.; High-visibility corner location in downtown Mt. Vernon with excellent traffic counts.; Versatile 1900s building offering commercial, flex, and warehouse space.
    Request Owner's contact information
    1213 Broadway St Mount Vernon, IL 62864
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    Mount Vernon, IL 62864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1213 Broadway St Mount Vernon, IL 62864
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