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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    502 13th St, Centralia, IL 62801-4731

    0.19 ac lot
    Individually Owned Free & Clear
    Property ID
    US28-4770569
    Property summary
    AI-generated overview

    This 1,470 square foot multi-use commercial building presents a fantastic opportunity in Centralia, IL. Situated on a highly visible corner lot within the city's bustling business corridor, this property offers exceptional visibility and accessibility. The 0.19-acre lot provides ample space, while the building itself boasts a flexible layout ideal for a variety of commercial uses. Imagine utilizing the open floor plan for retail, a service facility, office space, showroom, warehouse, or workshop – the possibilities are numerous. The building's design allows for efficient use of space, catering to diverse business needs. Convenient onsite and street parking ensures easy access for customers and employees alike. This property is perfectly positioned to capitalize on the high traffic flow of the area, making it an attractive investment for entrepreneurs and established businesses seeking a prominent location. The asking price of $51,000 makes this a compelling opportunity to acquire a well-situated commercial property in a thriving Centralia business district. Don't miss out on this chance to establish or expand your business in a prime location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.19 ac (8,294 SF)
    APN 1419000027
    UPID US28-4770569
    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
    Brandon Lashbrook
    Brandon Lashbrook
    since 2025
    Last sale
    $38,000
    2 recorded transactions
    2025
    $38,000
    2005
    $18,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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