402 N Commercial St

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402 N Commercial St

harrisburg, IL 62946
Asking Price
$1.77M
Asset Type
Retail
Class
Class B

What's Special

402 N Commercial St is situated in the downtown core of Harrisburg, Illinois, positioned along a primary neighborhood thoroughfare. The property is located within a mixed-use district characterized by local businesses, professional offices, and civic institutions. This central location offers proximity to the Saline County Courthouse and several established dining and service amenities. The site provides direct street frontage with accessibility via local surface roads, facilitating regional connections to Illinois Route 13 and Route 45. The building is suited for a variety of retail applications, including boutique storefronts, specialty showrooms, or consumer service centers. Given the surrounding commercial density, the location is optimal for tenants seeking high visibility and consistent pedestrian traffic. Ideal occupants include local retailers, medical annexes, or professional service providers requiring a central, accessible hub within the Saline County area.

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NOI
$80,000
Cap Rate
4.52%
DSCR
0.76
Underwater
Cash-on-Cash
-4.71%
Monthly Payment
$8,750.142
Annual Cash Flow
$-25,001.704

Location & Travel Times