502 13th St, Centralia, IL 62801-4731
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.