Property summary
This unique investment opportunity presents two historic buildings located at 113 S Washington St, Carbondale, IL 62901, in Jackson County. Built in 1920, the property offers approximately 13,000 square feet of space, currently configured as a potential former fire station and store. The buildings feature exposed metal and wooden roof trusses, creating a unique aesthetic. The open floor plan lends itself to a variety of uses, including a warehouse, bar, or indoor farmers market. The property's proximity to a future city entertainment development adds significant potential for appreciation. Ample parking is available. The upper floors, which may have previously served as apartments or boarding rooms, require some renovation. Heating and air conditioning are currently only installed in the front office area. A half-bath is located in the southeast corner of the building. A minor roof leak is present in the southwest corner. A noteworthy feature is a plate glass window at the front, potentially a collector's item, featuring a painted former store name hidden behind exterior siding. The asking price for this property is $130,000.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Food Market
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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