548 Washington St Millstadt, IL 62260-1287
This exceptional commercial property at 548 E Washington St, Millstadt, IL 62260, offers a unique opportunity for businesses seeking flexible and well-located space. The single-story, 8,800 square foot building, constructed in 2005, features a variety of spaces ideal for executive offices or retail storefronts. Currently, 4,300 square feet of space is available, divisible into units ranging from a minimum of 1,100 square feet to a maximum contiguous space of 3,200 square feet. The building boasts a 10-foot ceiling height, providing ample space and a modern feel. Located in a thriving retail center at the town's entrance, the property benefits from high visibility and significant traffic, with 8,300 average daily traffic on East Washington Street (IL Route 158). The 0.83-acre lot provides ample parking with 45 spaces available. The property is zoned B-2, offering versatility for various business types. Join established businesses such as Sunrise Restaurant, NT Nails, and Rae & James Home Decor in this vibrant commercial hub. The property's APN is 12-10.0-304-042, and it's situated in St. Clair County, Illinois. This is an excellent opportunity to establish or expand your business in a prime Millstadt location. The property offers multiple tenancy options, making it suitable for a variety of business needs.
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NT Nails Nail Salon
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Midwest Exteriors & Interiors Roofing Company General Contractor
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Sunrise Pancake House Restaurant
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Rae and James Department Store
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Keck Jewelers (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.