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    OFF-MARKET
    Retail properties & Spaces

    126 Main St, West Frankfort, IL 62896

    4,320 SF Built 1915
    Property ID
    Property summary
    AI-generated overview

    This historic one-story commercial building, constructed circa 1915, boasts 4,320 square feet of space in downtown West Frankfort, Illinois. The property features its original façade, including large recessed display windows, and is situated on 126 E Main St, zip code 62896. Inside, you'll find wood flooring, exposed brick accent walls, and an open floor plan in the front with several smaller rooms in the rear. The 12-foot tin ceilings are complemented by updated interior lighting. A small loft area is located at the rear of the building. Recent improvements include updated restrooms. The building sits within a Tax Increment Financing (TIF) district and an Enterprise Zone, offering potential economic incentives. The property's B-1 Commercial zoning permits a variety of uses, including retail, office space, and adaptable uses such as a coffee shop or café. The asking price is $119,500, translating to $27.66 per square foot. The building was renovated in 2008. The APN is 12-19-311-004. This is a prime opportunity for a variety of commercial ventures.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1915
    Total area 4,320 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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