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    401 Walnut St Carbondale, IL 62901

    For Lease
    Contact for pricing

    1,932 SF Retail Building - For Lease

    Lot size:
    1,932 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,932-square-foot retail space is available for lease at 401 E Walnut St in Carbondale, Illinois. Located in Jackson County, this single-tenant property sits on a sizable 0.68-acre lot, offering ample space and visibility. The building is entirely vacant, presenting a unique opportunity for a business to establish its presence in a thriving community. The property boasts 20 parking spaces, ensuring convenient access for customers and employees. Its prime location in Carbondale, with the address 401 E Walnut St, and zip code 62901, offers excellent exposure to high traffic areas. The property's classification is retail commercial, making it ideal for a variety of businesses. The building's size and ample parking make it suitable for a range of retail concepts, from smaller boutiques to larger retail operations. The 0.68-acre lot provides potential for future expansion or outdoor display areas. This property presents a compelling investment opportunity for businesses seeking a well-located, spacious, and readily available retail space in a vibrant Illinois community. The property is ready for immediate occupancy. Interested parties are encouraged to inquire further to explore the possibilities this location offers. The property is conveniently located in Carbondale, IL, with easy access to major roadways and local amenities.

    Property Features for 401 Walnut St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,932 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,932 SF

    HighLights

    • Former quick‑service restaurant (QSR) site with existing drive‑thru lane.
    • Less than one mile from Southern Illinois University Carbondale.
    • Minutes from SIH Memorial Hospital, a major regional employer.
    • 20‑space parking lot.
    • High‑traffic location on Walnut Street (17,400 vehicles per day).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cash Store Loan Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.210955
    Latitude
    37.7254399

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    FAQs

    What type of property is this?
    Retail property - 1,932 SF Retail Building - For Lease
    Where is this retail property located?
    The property is located at 401 Walnut St Carbondale, IL.
    What are key features of this property?
    This property features: Former quick-service restaurant (QSR) site with existing drive-thru lane.; Less than one mile from Southern Illinois University Carbondale.; Minutes from SIH Memorial Hospital, a major regional employer.
    Request Owner's contact information
    401 Walnut St Carbondale, IL 62901
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    Carbondale, IL 62901
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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
    401 Walnut St Carbondale, IL 62901
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