Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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