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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1213 Broadway St, Mount Vernon, IL 62864-3809

    Individually Owned ~ Est. High Equity
    Property ID
    US28-3932833
    Property summary
    AI-generated overview

    This exceptional $150,000 commercial property at 1213 Broadway in Mt. Vernon, Illinois (zip code 62864) presents a fantastic opportunity for businesses seeking a high-visibility location. Built in 1900, this single-building property offers a versatile blend of commercial, flex, and warehouse space, ideal for a variety of uses. The property's prime corner location ensures excellent traffic counts, maximizing exposure for your business. A significant portion of the building features a large showroom and office area, perfect for client interaction and administrative functions. The remaining space is well-suited for storage and distribution, boasting six overhead doors for easy loading and unloading of goods. The property's classification includes land, industrial, and retail components, offering flexibility in its potential applications. The current business is relocating, making this a turnkey opportunity to establish your presence in the heart of downtown Mt. Vernon. This property is situated in Jefferson County, Illinois, and its coordinates are 38.3163638 latitude and -88.9067625 longitude.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 07-30-491-004
    UPID US28-3932833
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    East Alton Improvements And Managem
    East Alton Improvements And Managem
    since 2025
    Last sale
    $500
    3 recorded transactions
    2025
    $500
    2025
    2020
    $83,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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