1201 S Park Ave - Office FOR SALE


Herrin, IL 62948
$179,000 USD
248-756-1851
1201 S Park Ave, Herrin, IL for Sale
$179,000 USD
Office - FOR SALE
1/55
null | Request Cap Rate

1201 S Park Ave
Herrin, IL 62948


HIGHLIGHTS

  • Suitable for investment, owner-user, or live-work occupancy
  • Located along an established Herrin commercial corridor
  • Flexible layout supports a variety of future uses
  • Positioned within the Williamson County market area

OVERVIEW

1201 S Park Avenue offers a versatile commercial investment opportunity in Herrin, Illinois, a community positioned within the Southern Illinois regional market and connected to nearby Marion, Interstate 57, and the area's retail, healthcare, and employment centers. Located along South Park Avenue, the property benefits from visibility within an established commercial and residential corridor, supporting a variety of business, live-work, and income-producing uses. The property is currently configured with a professional office space and two residential apartments, creating multiple potential revenue streams. Existing improvements include a one-bedroom apartment located behind the office area and a two-bedroom apartment on the upper level. The layout also presents the possibility of converting the front office portion into an additional residential unit, subject to applicable approvals and requirements. This combination of commercial and residential components provides flexibility for investors seeking diversified income, owner-users interested in occupying a portion of the property, or buyers pursuing a live-work arrangement. Herrin's location within the broader Williamson County market provides access to regional retail destinations, healthcare facilities, educational institutions, and employment centers throughout Southern Illinois. The property's mixed-use configuration, existing residential components, and accessibility within the community create a range of potential ownership and operational strategies.

FOR SALE DETAILS

PRICE

$179,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B-2

APN/PARCEL ID

02-30-451-010

ASK ABOUT THIS PROPERTY

Kimberly DixonCentury 21More Info
248-756-1851

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Kimberly DixonCentury 21More Info
248-756-1851

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