916 & 918 Main Street

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916 & 918 Main Street

Mt Vernon, IL 62864
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront located at 916 and 918 Main Street
  • Centrally positioned within the commercial hub of Mt Vernon
  • Property offers direct access to key local transit routes
  • Versatile layout supports diverse retail and service business operations
  • Situated in a well-established southern Illinois market

What's Special

This retail storefront property spans two adjacent addresses at 916 and 918 Main Street in Mt Vernon, Illinois. Situated within a core commercial corridor of the city, the asset provides significant frontage and visibility for businesses seeking a high-traffic location in this southern Illinois market. The downtown area of Mt Vernon serves as a central hub for the surrounding community, benefiting from a steady flow of local residents and regional commuters traveling through the area. Investors and business owners may find this site suitable for a variety of retail concepts, ranging from boutique shops and service providers to specialized showrooms. Its position in the city center ensures accessibility for patrons and staff alike, supported by the established infrastructure of the local business district. The property represents a functional space for those looking to expand or establish a commercial footprint within a prominent Midwestern trade area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times