102 N 9TH Mt Vernon IL 62864
- Date added: 09/28/22
- Post Updated: 2022-09-29 06:09:09
- Type: Bar/Tavern Investment Office Other Restaurant Retail
- Status: Active
- Lot size: 7430 sq ft
- MLS #: EB441609
Share this:
Courtesy of
- Listing Office: KING CITY PROPERTY BROKERS
View on map / Neighborhood
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
- MLS Participant Compensation (Sale): 2
- MLS Participant Compensation (Lease): 1/2 first months rent
Miscellaneous
- POSSIBLE FINANCING: Cash,Conventional
- Gas Company: Ameren
- Electric Company: Ameren
- Water Company: City of Mt. Vernon
- Net Operating Income (IV): -30701
This Bar/Tavern Investment Office Other Restaurant Retail style property is located in Mount Vernon is currently Commercial/CIE 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.