3501 BROADWAY ST Active

Mt Vernon,IL 62864

$ 525000

- Bed

- Bath

3344 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,344 sqft

Price per Sqft $156

MLS Listing ID EB456573

Originating Board rmlsa

Annual Tax Amount $12,270

Tax Year 2023

Lot Dimensions 158x265

Property Sub-Type Commercial

Property Description

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.

Location

State IL

County Jefferson

Area Ebor Area

Zoning Business

Direction From downtown Mt. Vernon, take Broadway west. See sign

Interior

Heating Forced Air,Gas

Cooling Central Air

Flooring Carpet,Concrete,Tile/Vinyl

Fireplace N

Exterior

View true

Roof Type Composition

Garage 1

Building

Faces From downtown Mt. Vernon, take Broadway west. See sign

Sewer Public Sewer

Water City Water/Connected

Structure Type Brick,Wood Siding,Frame

Others

Tax ID 0636126004

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