120 S Broadway Ave - Office FOR SALE


Salem, IL 62881
$80,000 USD
618-548-5397
120 S Broadway Ave, Salem, IL for Sale
$80,000 USD
Office - FOR SALE
1/1
null | Request Cap Rate

120 S Broadway Ave
Salem, IL 62881


HIGHLIGHTS

  • Storage Area
  • Functional Basement

OVERVIEW

Step into a piece of local history with this stunning 3-story commercial building, originally constructed in 1877 and offering over 4,000± square feet of versatile space. Located on a prominent downtown corner, this property boasts excellent visibility with two front entrances and large storefront windows—ideal for retail, office, or mixed-use potential. The main level features multiple office spaces and two restrooms, perfect for professional or service-based businesses. Upstairs, the second floor includes three additional office suites, while the expansive third floor offers a blank canvas—ready to be transformed into a studio, event space, apartment, or additional offices. A separate staircase leads to a large utility and storage area, providing functionality without sacrificing aesthetics. A full basement offers even more storage or workspace. With its rich architectural character and unbeatable location, this building is perfect for an investor, entrepreneur, or anyone looking to be part of a vibrant downtown community. Don’t miss this rare opportunity to own a piece of history and create something truly special.

FOR SALE DETAILS

PRICE

$80,000 USD

PRICE/SF

$20 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1877

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

-

APN/PARCEL ID

1100008510

ASK ABOUT THIS PROPERTY

Cindy Quinn-WoodQuinn Realty and Property Management Group, LLCMore Info
618-548-5397

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

Cindy Quinn-WoodQuinn Realty and Property Management Group, LLCMore Info
618-548-5397

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