3501 Broadway St - Medical FOR SALE


Mount Vernon, IL 62864
$525,000 USD
618-231-6548
3501 Broadway St, Mount Vernon, IL for Sale
$525,000 USD
Medical - FOR SALE
1/18
null | Request Cap Rate

3501 Broadway St
Mount Vernon, IL 62864


HIGHLIGHTS

  • High traffic count
  • Enterprise Zone
  • Centrally located

OVERVIEW

Prime commercial property located in the heart of town, this property presents an exceptional opportunity for developers, investors, or businesses looking to establish a presence in one of the most high-traffic areas. Previously home to the WMIX radio station, this centrally located commercial building sits prominently on Broadway, one of the busiest and most traveled roads in the area. While the existing structure offers potential for renovation, the true value lies in the land itself. The property is situated within an Enterprise Zone, providing potential tax incentives and other benefits to qualified projects, making it an ideal choice for a wide range of commercial ventures. With high visibility, easy access, and ample potential for redevelopment, this property is poised for success. Whether you choose to rehab the existing building or remove it to make way for something new, the prime location and zoning benefits ensure a high return on investment.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

06-36-126-004

ASK ABOUT THIS PROPERTY

Cory CappsCapps RealtyMore Info
618-231-6548

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Cory CappsCapps RealtyMore Info
618-231-6548

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.