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    OFF-MARKET
    Commercial real estate

    1012 14Th St, Murphysboro, IL 62966

    Property ID
    US28-3464745
    Property summary
    AI-generated overview

    This 3200 square foot commercial building located at 1012 N 14TH Street, Murphysboro, Illinois 62966, presents a fantastic opportunity for investors and entrepreneurs. Currently priced at $59,900, this property is being sold "AS IS" and offers significant potential for redevelopment. The building, which has been vacant for a period of time, requires some rehabilitation and tender loving care. However, this price point allows for substantial remodeling to suit individual needs and business plans. A key feature is the presence of two separate entrances, making it ideal for leasing to multiple tenants or creating distinct business spaces within the building. Ample parking is currently available, and there's potential to expand parking further by utilizing an adjacent vacant lot. The property is situated on a main thoroughfare in Murphysboro, offering excellent visibility and accessibility for any business. This is a rare opportunity to acquire a commercial property in a desirable location at an exceptionally attractive price. Don't miss out on this chance to transform this building into a thriving commercial space.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US28-3464745
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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