Retail

Mount Carmel, IL Retail Space for Sale

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Princeton, IN Patoka, IN Hazleton, IN Browns, IL Fort Branch, IN Albion, IL Poseyville, IN Grayville, IL
Retail Building with Billboard Income
Updated: Mar 4
Retail Building with Billboard Income

1627 W 9th Street, Mount Carmel, IL 62863

$194,000
2,544 sqft 0.69 AC lot
50' x 50' commercial building with about 2,544 SF interior space
Built in 1992 on a slab foundation
Roof updated in 1999; HVAC systems modernized in 2010
Separate front and rear spaces
Includes an income‑generating billboard managed by LaMar Outdoor
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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 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 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

$185,000
0.08 AC lot

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

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Retail Space Investment
Retail Space Investment

2720 W Broadway St, Princeton, IN 47670

Contact for pricing
2,436 sqft

Retail property offered for sale with a stated 5.00% cap rate and 2,436 SF.

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Taco Bell/KFC Retail Space
Taco Bell/KFC Retail Space

2701 Hart St, Vincennes, IN 47591

Contact for pricing
3,095 sqft

Branded retail property associated with Taco Bell and KFC, offering a defined commercial footprint.

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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 2,544 square feet of properties for sale, with an estimated market value of $194,000.

Sale prices for retail space in Mount Carmel, IL average $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 3
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 $124.6K

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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