$599,000

1318 Salem Road, Mt Vernon IL, 62864

Price per sqft$25.55

Built in1957

Property size23,440 sqft

Property typeCommercial

Listed by Cory Capps with CAPPS REALTY 618-231-6548

Overview

Active

New

Listed Nov 4, 2026

Updated 13h ago

Excellent opportunity to own a 23,440-square-foot commercial warehouse in a high-traffic location on the north side of Mt. Vernon! This versatile property offers a great combination of existing rental income and room for additional business or investment opportunities. The front portion of the building is currently leased to a bar, while the middle section is occupied by a gym, leaving approximately 7,000 square feet available for an owner to occupy or lease for additional income. Upstairs, you'll find approximately 5,000 square feet of office space, providing even more flexibility for a variety of uses. The building is equipped with three-phase electrical service, central heating and air conditioning throughout most of the facility, and four drive-in doors. Two of the doors measure 12' wide by 14' high, while the additional doors measure 8' x 10' and 8' x 8', making the property well-suited for warehousing, distribution, storage, or other commercial operations. Location is another great feature, with convenient access and excellent exposure along a well-traveled road. According to IDOT, the average annual daily traffic count is approximately 5,850 vehicles. Whether you're an investor looking to expand your commercial portfolio or a business owner wanting space to operate while collecting rental income, this property offers plenty of possibilities. With its substantial square footage, established tenants, and additional space available, this is an opportunity worth exploring!

Additional information

MLS^® ID: 12800639

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 1.1 Acres

Other Property Details

Taxes: $12,791
Tax Frequency: Annually

Listed by Cory Capps with CAPPS REALTY 618-231-6548

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Data is refreshed every 3 hours. Listing last updated 8:12 AM UTC on 11/7/2026.

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