816 Main St, Carbondale, IL 62901-2538
This exceptional commercial investment opportunity in Carbondale, Illinois, presents a unique chance to acquire the Wright Shopping Center. Situated on over 2.5 acres of land with 378 feet of frontage on Route 13, this property boasts high visibility and significant traffic flow. The center comprises three buildings, totaling eleven rentable units, currently partially leased. This allows for immediate income generation while providing ample space for future development and customization. The existing buildings offer a blend of retail and office spaces, adaptable to a variety of business types. While the property requires updates and repairs, the potential return on investment is substantial, given its prime location in a busy commercial area. The address is 816 E MAIN Street, Carbondale, IL 62901. This is an ideal opportunity for an investor seeking a high-traffic location with significant upside potential. The asking price for this multi-building commercial property is $399,000. Don't miss this chance to transform this property into a thriving commercial hub. The property is zoned for commercial and restaurant uses.
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Regions Bank Bank Loan Service
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Wright Properties Real Estate Agency
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Nicholas Ramsey - Regions Financial Advisor Financial Advisor
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Mckinney's Bargains and Resale Department Store
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ATM (Regions Bank) Atm
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
Similar Nearby for Lease
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.