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$ 799,000
Est. payment /mo
Price Dropped by $50K
202-206 W 9th Street Mount Carmel, IL 62863
0.71 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other/Unknown
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202512421
Year Built 2004
Annual Tax Amount $14,628
Tax Year 2023
Lot Size 0.715 Acres
Property Sub-Type Other/Unknown
Property Description
This prime commercial investment includes two buildings — one ready for your vision, and the other already producing steady income! The available building boasts a 20' ceiling, overhead loading door, and concrete parking lot, making it ideal for warehousing, distribution, retail, or service-based operations. Located at the high-traffic intersection of State Highway 15 and State Highway 1, this site offers excellent visibility and accessibility for any business venture. Meanwhile, the second building is under a recently renewed 5-year lease, generating $1,650/month in rental income — offering immediate and reliable cash flow to support your next move. Whether you're launching a new business, expanding an existing one, or securing a long-term investment, this property delivers flexibility, income, and potential. Plus, Enterprise Zone and TIF District incentives may be available to maximize your return.
Location
State IL
County Wabash (il)
Area Wabash (Il)
Direction Located on the corner of Walnut Street and 9th Street in Mount Carmel, IL.
Interior
Flooring Concrete, Wood
Appliance Building, Land, Lease
Laundry , 20
Exterior
Roof Type Flat,Metal,Rubber
Total Parking Spaces 20
Building
Story 2
New Construction No
Others
Virtual Tour https://youtu.be/Vp3YhqHSQVE
IDX information provided by the Indiana Regional MLS
Listed by Brandon Hodgson • DHI Realty Inc • Cell: 618-263-8622