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100 Main Mascoutah, IL 62258

$139,900

3200 Square Feet

Tax History: $5507 - 2023

Estimated Payment: $663 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$139,900 , Located in NOT IN A SUBDIVSION, MASCOUTAH. ZIP Code: 62258

Prime Downtown Mascoutah Mult-Use Commercial Building with Income Potential Don't miss this opportunity to own a versatile commercial building in the heart of downtown Mascoutah. Ideally situated on a corner lot w/ high traffic visibility, this building offers endless income-generating possibilities. Located just steps from banks, bars/restaraunts, hardware store & various offices, its perfectly positioned for maximum exposure. Previously configured for retail in the front, the property also features 2 bedroom, 1 bath apartment in the rear-ideal for owner occupancy or rental income. Upstairs, you'll find a spacious 3-bedroom, 1-bath apartment, offering even more potential revenue. Buyer to verify with municipality codes and zoning depending on their individual plans. This prime location & flexible layout is perfect for retail, office space, or residential rentals. The price reflects the work needed to bring back to full potential making it a great value-add investment. Location: Corner Location, Downtown, High Traffic

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MLS#: 25017285
Listing ID: 60192
Updated: 46 days ago
Days on site: 104 days

Listing provided by

Christina Schmitz

RE/MAX Alliance

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2025 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.