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    2010 Mitchell St Salem, IL 62881
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    Property profile & analytics

    2010 Mitchell St Salem, IL 62881


    • Commercial real estate
    • 1,960 SF
    • 1.29 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2010 Mitchell St

    Lot size
    1.29 lot acres
    Property size
    1,960 SF
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents two commercial buildings totaling 2,344 square feet, ideally situated on a 1.29-acre lot in Salem, Illinois. The property boasts a highly desirable B3 business zoning classification, providing flexibility for a wide range of commercial uses. Conveniently located with direct access to Mitchell Street, this property offers excellent visibility and accessibility. The buildings are ready for immediate occupancy, making it an ideal choice for entrepreneurs looking to establish a new business or for existing businesses seeking expansion. The larger building, encompassing 1,960 square feet, includes a functional office space and is equipped with gas heating. A significant feature of this building is a large 8' x 8' overhead door, perfect for loading and unloading goods or equipment. The second building, measuring 384 square feet, provides additional space for storage, office functions, or other business needs. This turnkey property presents a rare opportunity to acquire a well-located, versatile commercial space in a thriving community. The combination of size, zoning, and location makes this an attractive investment with significant potential for growth and return. Don't miss this chance to secure your future in Salem, IL.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Illinois
    Longitude
    -88.9956
    Latitude
    38.6206
    More about this property
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