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    Mount Carmel, IL
    Retail

    Mount Carmel, IL Retail Properties & Spaces for Sale

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    Princeton, IN Patoka, IN Hazleton, IN Browns, IL Poseyville, IN Fort Branch, IN Grayville, IL Albion, IL
    Storefront Retail Building
    Updated: Jun 9
    Storefront Retail Building

    518 N Market Street, Mount Carmel, IL 62863

    $89,900
    1,892 sqft 0.10 AC lot
    1,892‑square‑foot storefront building
    0.0986‑acre lot at 518 N Market Street in Mount Carmel, IL 62863
    Epoxy flooring and refreshed interior and exterior finishes
    New electric water heater
    Built in 1900
    View details
    NNN Dollar Tree Hybrid Property
    Updated: Apr 12
    NNN Dollar Tree Hybrid Property

    915 North Walnut Street, Mount Carmel, IL 62863

    $1,466,666
    20,000 sqft
    20,000 SF retrofitted Dollar Tree and Family Dollar hybrid store
    10‑year double net lease with four 5‑year renewal options
    Corporate lease guarantee from Dollar Tree Corporation
    Dollar Tree Corporation carries a BBB investment‑grade credit rating
    Positioned near 9th St and Walnut St in Mount Carmel, IL
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Mount Carmel, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Lot Retail Workshop Facility
    Corner Lot Retail Workshop Facility

    990 N Us Hwy 41, Princeton, IN 47670

    $899,900
    10,395 sqft 3.47 AC lot

    Retail/workshop building with open-layout space on a high-visibility corner lot along US Highway 41.

    View details
    Corner Flex Space
    Corner Flex Space

    990 N US Hwy 41, Princeton, IN 47670

    $899,900
    3.47 AC lot

    Open-layout commercial facility with concrete floors, central air, and a metal roof.

    View details
    Retail Space For Sale
    Retail Space For Sale

    709 North Ct, Grayville, IL 62844

    Contact for pricing
    12,000 sqft

    Retail space available with healthy rent and high cap.

    View details
    Recently Improved Car Wash
    Recently Improved Car Wash

    106 W Plum Street, Grayville, IL 62844

    $339,900

    Operating automotive wash with automatic and self-serve facilities, public water, and continuous daily access.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Utilities
    Commercial Land with Utilities

    3217 W Broadway Street, Princeton, IN 47670

    $99,900
    1.27 AC lot

    Three building lots offer a 1.273-acre commercial land opportunity with utilities available for future development.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

    Three building lots offer utility access for a future commercial development, subject to seller approval of plans and proposed uses.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    3221 W Broadway Street, Princeton, IN 47670

    $109,900
    1.70 AC lot

    Three site-ready building lots offer flexible commercial development options west of Princeton.

    View details
    Commercial Land with Utilities
    Commercial Land with Utilities

    3217 W Broadway Street, Princeton, IN 47670

    $99,900
    1.27 AC lot

    Three building lots sit north of the Goodwill Industries retail store along West Broadway Street.

    View details

    Mount Carmel, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 2 retail properties & spaces for sale in Mount Carmel, IL on our real estate platform. These investment opportunities span a total of 21,892 square feet of properties for sale, with an estimated market value of $1,556,566.

    Sale prices for stores in Mount Carmel, IL start at $89,900, averaging $778,283, and reaching up to $1,466,666 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2
    Grocery and convenience stores 1

    Demographics Overview

    Population 9,438
    Population Growth (5Y) -3.9%
    Median Household Income $52,073
    College Educated 25.7%

    High-Yield Neighborhoods for Investment

    Identify Mount Carmel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62863 $778.3K

    Taxes & Financing

    Tax Rate (average for all types) 7.07%
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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