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    OFF-MARKET
    Commercial real estate

    6173 Bayer Rd, Carterville, IL 62918

    3,120 SF 0.5 ac lot Built 1951
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 6173 Bayer Road in Carterville, Illinois, presents a unique investment opportunity. Situated on a half-acre corner lot in a Tax Increment Financing (TIF) district, this high-visibility location boasts significant traffic flow due to its proximity to Route 13 and its position directly across from S I Bowl. The 3,120 square foot building offers ample space for a variety of commercial ventures. The main structure measures 40 feet by 112 feet, and includes a substantial 34-foot by 40-foot garage, providing extensive parking. Three overhead doors and two walk-in doors enhance functionality and accessibility. The property's current configuration includes a one-third occupancy biker bar, a one-third occupancy motorcycle repair shop, and a one-third vacant space, offering flexibility for expansion or customization. The building's versatile layout and prime location make it ideal for a range of businesses. Its strategic position near Carterville and Marion ensures convenient access to a substantial customer base. The seller is offering attractive financing options, making this an even more compelling proposition for prospective buyers. This is a rare opportunity to acquire a well-situated, versatile commercial property with significant potential for growth and profitability.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1951
    Total area 3,120 SF
    Lot 0.5 ac (21,780 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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