1708 Jefferson Ave - Office FOR SALE


Mount Vernon, IL 62864
$750,000 USD
618-231-6548
1708 Jefferson Ave, Mount Vernon, IL for Sale
$750,000 USD
Office - FOR SALE
1/50
null | Request Cap Rate

1708 Jefferson Ave
Mount Vernon, IL 62864


HIGHLIGHTS

  • 2 Buildings

OVERVIEW

Rare opportunity to own a nearly 10,000 square-foot commercial building currently operating as a modern health and wellness destination. Designed to support a wide range of uses, the building is thoughtfully built out with multiple treatment rooms, offices, and flexible spaces ideal for medical, wellness, office, or multi-tenant configurations. The current setup supports services such as chiropractic services, massage therapy, float pods, saunas, hormone therapy, medical weight loss, aesthetics, IV therapy, and functional medicine-highlighting the property's ability to accommodate high-demand, service-based industries. The layout allows for seamless operation as a single-user facility or the ability to divide into multiple income-producing suites. A portion of the building is currently leased to an aesthetics tenant. Adding even more value, the property includes a separate 1,024 square-foot secondary building that has already been gutted and is ready for redevelopment. Offering nearly 10,000 square feet, this property is being offered at approximately $75 per square foot-an increasingly rare value for a building of this size and versatility. Whether you're an investor seeking a value-add opportunity, a business owner looking to expand, or a visionary ready to reposition a large commercial asset, this property delivers flexibility, function, and future potential.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

commercial

APN/PARCEL ID

07-30-401-014

ASK ABOUT THIS PROPERTY

Cory CappsCapps RealtyMore Info
618-231-6548

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Cory CappsCapps RealtyMore Info
618-231-6548

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