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    2605 Main St Mount Vernon, IL 62864

    Sponsored
    For Sale
    $250,000

    Prime Mt. Vernon Commercial Property - $250,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 2605 Main Street in Mt. Vernon, Illinois, presents a unique investment opportunity. Priced at $250,000, this building offers versatile space ideal for a variety of businesses. Originally designed as a medical office, the building features a spacious common waiting area and two conveniently located restrooms. The layout is thoughtfully divided to accommodate two separate office suites, each boasting three exam rooms, private offices, and dedicated bathrooms. A shared breakroom and a large, open area perfect for staff work or secretarial functions add to the functionality. The property also includes a substantial asphalt parking lot, ensuring ample parking for clients and staff. Situated on Main Street in Jefferson County, this building benefits from high visibility and easy access. The property's adaptable design makes it suitable for a range of commercial uses, offering significant potential for return on investment. The building's excellent condition and prime location make it an attractive proposition for discerning buyers seeking a well-maintained and versatile commercial space in a thriving Illinois community. The zip code is 62864. This is a land and office property.

    Property Features for 2605 Main St

    General Information

    Property type
    Medical offices

    HighLights

    • $250,000 asking price.
    • Land and office property in Mt. Vernon, IL.
    • Commercial/medical office building on Main Street.
    • Features a waiting room, two bathrooms, two suites with three exam rooms each, private offices, and shared breakroom/staff area.
    • Large asphalt parking lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Jefferson
    State
    Illinois
    Longitude
    -88.9253419
    Latitude
    38.3161471

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    FAQs

    What type of property is this?
    Medical office - Prime Mt. Vernon Commercial Property - $250,000
    Where is this medical office located?
    The property is located at 2605 Main St Mount Vernon, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price.; Land and office property in Mt. Vernon, IL.; Commercial/medical office building on Main Street.
    Request Owner's contact information
    2605 Main 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
    2605 Main St Mount Vernon, IL 62864
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