Property summary
This exceptional commercial property, located at 1106 Phemister Lane in Marion, Illinois, presents a unique investment opportunity. Priced at $350,000, this property boasts a 10,000 square foot building constructed in 2004, situated on approximately half an acre of land. The building features a spacious open floor plan, ideal for a variety of commercial uses, complemented by a convenient office area with attached restrooms. Two heating and cooling units ensure year-round comfort. Beyond the main building, the property includes additional level land, offering significant potential for expansion or future development according to the new owner's vision. The property's location in the thriving Marion community, with zip code 62959, provides excellent accessibility and visibility. This affordable commercial option offers a compelling blend of existing infrastructure and development potential, making it an attractive investment in a desirable location within Williamson County, Illinois. The property's coordinates are 37.7341396 latitude and -88.894896 longitude.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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