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    815-3 Broadway St Mount Vernon, IL 62864

    Sponsored
    For Lease
    $38 SF/Yr

    Updated Office Space, Parking Included

    Lot size:
    125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 815 Broadway offers a unique opportunity for a single tenant. The building, zoned for business use, encompasses a total of 125 square feet and features a single suite within a single building. The space is ideal for a start-up or small business seeking a convenient and well-maintained office environment. The updated building includes a fully equipped conference room, a functional kitchen, a comfortable break room, and a restroom, all for shared use. One parking space is conveniently included with the lease. Individual office rooms are available for $400 per month, which includes all utilities except telephone and internet service. The property also offers excellent signage opportunities, providing high visibility for your business. The property's APN is 0729380002. This is a rare chance to secure a fully functional, updated office space with convenient amenities and parking in a prime business location. Don't miss this chance to establish your business in this well-maintained and conveniently located space.

    Property Features for 815-3 Broadway St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    125 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    3
    Size
    125 SF
    Rate per SF
    $38

    HighLights

    • Land, office, and retail property with single tenancy.
    • One building with 125 square feet of space.
    • One parking space included.
    • Business zoning.
    • APN: 0729380002.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Jefferson
    State
    Illinois
    Longitude
    -88.9013
    Latitude
    38.316923

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    FAQs

    What type of property is this?
    Retail property - Updated Office Space, Parking Included
    Where is this retail property located?
    The property is located at 815-3 Broadway St Mount Vernon, IL.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: Land, office, and retail property with single tenancy.; One building with 125 square feet of space.; One parking space included.
    Request Owner's contact information
    815-3 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
    815-3 Broadway St Mount Vernon, IL 62864
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