102 N 9TH Mt Vernon IL 62864

102 N 9TH Mt Vernon IL 62864
$ 1,000,000

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  • Listing Office: KING CITY PROPERTY BROKERS

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Description

Three historic buildings. Six profitable rentals: office, retail, restaurant/bar, event space. Zoned B1 for multiple or single use located in downtown Mt. Vernon, Illinois (Interstates 64 & 57 Exchange) is now available for purchase. These buildings have (3) distinct commercial and (3) unique residential spaces. Most updates were done in the last 10 years, to include sprinkler systems throughout. 102 N 9th Main Level 2K Sqft of open space for office/retail, etc. is available for lease at $2K/mo.; 830 Main St. 1,768 SqFt 6 Private Offices with street views and open plan workspace rented at $2K/mo.; 822-824 Main St. 2,400 SqFt AKA The Rex (Bar/Restaurant/Event Venue) is available for lease at $2,500/mo.; 102 1/2 N 9th St. 1,800 SqFt, 2 bd/2ba Apartment leased at $1,575/mo. thru Jan. 2023; 824 1/2 A Main St. 1,650 SqFt, 1bd/2ba Apartment leased at $1,200/mo.; 824 1/2 B Main St. 1bd/2ba Apartment leased at $950/mo.; A/B on month-to-month leases. Basement storage. 191′ road frontage.

Location Details

  • County: Jefferson
  • Directions to Property: Corner of 9th and Main Street. 822-830 Main and 102 N 9th. All three buildings for sale.
  • Area/Tract: EBOR Area
  • Zoning: B1
  • LOCATION: Downtown

Property Details

  • Sale/Rent: For Sale
  • Lot Dimensions: 222x49x59x9x8x9x156x30
  • For Sale: Yes
  • For Lease: Yes
  • Lease Type: Gross
  • TERMS/LEASE: Other Term/Lease
  • # of Buildings: 3
  • Total Bldg SqFt: 11994
  • Available SqFt: 11994

Property Features

  • # Seats (R): 60
  • Sprinkler: Yes
  • FRONTAGE/ACCESS: Paved 2Lane,Corner Lot,City Street
  • HEATING: Forced Air,Gas
  • COOLING: Central Air
  • WALL CONSTRUCTION: Brick
  • FLOORING: Wood,Tile/Vinyl,Concrete,Other Flooring
  • ROOF CONSTRUCTION: Rolled
  • EXTERIOR FINISH: Stucco,Brick
  • SEWER SOURCE: Public Sewer
  • BUILDING DESCRIPTION: 2 Story,Basement
  • WATER SUPPLY: Municipal/City

Fees & Taxes

  • Tax Year: 2020
  • Annual Taxes: $ 30,701

Miscellaneous

  • POSSIBLE FINANCING: Cash,Conventional
  • Gas Company: Ameren
  • Electric Company: Ameren
  • Water Company: City of Mt. Vernon
  • Net Operating Income (IV): -30701

This style property is located in is currently and has been listed on Somer Real Estate. This property is listed at $ 1,000,000. It has bedrooms, bathrooms, and is . The property was built in year.