Retail

Mount Carmel, IL Retail Space for Sale

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Princeton, IN Patoka, IN Hazleton, IN Browns, IL Poseyville, IN Fort Branch, IN Albion, IL Grayville, 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
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mount Carmel, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

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.

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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.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

423 Main Street, Vincennes, IN 47591

$175,000
0.08 AC lot

Brick commercial property with retail frontage, upper-level space, garage storage, and flexible office potential.

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Retail Building with Café Space
Retail Building with Café Space

711 Main St, Vincennes, IN 47591

$375,000

Open retail floor area is complemented by rear storage and a private parking lot.

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Mount Carmel, IL Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Mount Carmel, IL on our real estate platform. These investment opportunities span a total of 1,892 square feet of properties for sale, with an estimated market value of $89,900.

Sale prices for retail space in Mount Carmel, IL average $89,900 — 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 $89.9K

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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