200 Park Ave Herrin, IL 62948
- Commercial real estate
- 24,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 200 Park Ave
- Year built
- 1910
- Property size
- 24,000 SF
- Property type
- Commercial real estate
Description
This stunning 24,000 square foot commercial property, located at 200 N Park Avenue in Herrin, Illinois, presents a unique investment opportunity. Built in 1909, this historic landmark, formerly the Baldwin Piano & Organ Company, boasts a prime downtown location with high foot traffic and a vibrant community. The main floor offers 12,000 square feet of open retail space, perfect for a variety of commercial uses. Large storefront windows, high ceilings, and original architectural details create a captivating atmosphere. Upstairs, 3,800 square feet of additional commercial space is ideal for offices or studios. Adding to the property's income potential are five spacious apartments, each blending historical charm with modern amenities. This multi-faceted property offers a blend of retail, office, and residential income streams, making it an exceptional investment in a thriving downtown area. The building's rich history and versatile layout provide a strong foundation for future success. This is a chance to own a piece of Herrin's heritage and secure a profitable investment. Priced at $1,400,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Herrin
- County
- Williamson
- State
- Illinois
- Longitude
- -89.0304
- Latitude
- 37.8169
