Retail

Mount Carmel, IL Retail Properties & Spaces for Sale

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Princeton, IN Patoka, IN Hazleton, IN
Commercial Building with Billboard Income
Updated: Mar 4
Commercial Building with Billboard Income

1627 W 9th Street, Mount Carmel, IL 62863

$194,000
0.69 AC lot
50' x 50' commercial building with approx. 2,544 SF of interior space and separate front and rear spaces
Built in 1992 on a slab foundation; roof updated in 1999
HVAC systems modernized in 2010 with forced air natural gas heat and central air
Includes an income‑generating billboard managed by LaMar Outdoor
Set on roughly 0.70 acres on the west side of town
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Retro-Style Diner with Retail Conversion
Retro-Style Diner with Retail Conversion

2002 S 15th Street, Lawrenceville, IL 62439

$175,000
1.09 AC lot

A 1.09-acre property in Lawrenceville featuring a retro-style diner, ample parking, and outdoor space for retail or dining.

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Office and Retail Building with Separate Entrances
Office and Retail Building with Separate Entrances

2900 W SR 64, Princeton, IN 47670

$79,900
0.81 AC lot

Two private-access office spaces on a salon-operated property with durable exterior improvements and highway-adjacent convenience.

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Multi-Tenant Retail Property For Sale
Multi-Tenant Retail Property For Sale

2301 James St, Lawrenceville, IL 62439

$1,200,000
11,928 sqft

Multi-tenant property with Dollar General and liquor store tenants.

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Princeton Site Ready Building Lots
Princeton Site Ready Building Lots

3217 W Broadway, Princeton, IN 47670

$99,900

Three site-ready lots suitable for retail, office, or restaurant.

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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.

Site-Ready Building Lots
Site-Ready Building Lots

3217 W Broadway Street, Princeton, IN 47670

$99,900
1.27 AC lot

Three site-ready lots with utilities available, positioned for retail, office, or restaurant development with seller approval.

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Princeton Commercial Land Opportunity
Princeton Commercial Land Opportunity

3221 W Broadway Street, Princeton, IN 47670

$109,900
1.70 AC lot

Three site-ready lots available for retail, office, or restaurant.

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Site-Ready Commercial Building Lot
Site-Ready Commercial Building Lot

3221 W Broadway Street, Princeton, IN 47670

$109,900
1.70 AC lot

Site-ready commercial lot with utilities available, positioned for retail, office, or restaurant development near Goodwill.

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Site-Ready Building Lots
Site-Ready Building Lots

3217 W Broadway Street, Princeton, IN 47670

$99,900
1.27 AC lot

Three site-ready lots with utilities available, positioned for retail, office, or restaurant development near a major retailer.

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

Explore 1 retail properties & spaces for sale in Mount Carmel, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $194,000.

Sale prices for stores in Mount Carmel, IL start at $194,000, averaging $194,000, and reaching up to $194,000 — 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 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 $194K

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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