108-110 Main Street, Mascoutah | IL 62258 - MLS # 25059710

108-110 Main Street Mascoutah, IL 62258

$400,000

108-110 Main Street Mascoutah, IL 62258

3838 Square Feet

Tax History: $8069 - 2024

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Description

Prime mixed-use investment opportunity in the heart of downtown Mascoutah! Located at 108-110 E Main St, this 4-unit property offers immediate income, flexible use, and value-add potential just minutes from Scott Air Force Base. The building includes two leased commercial spaces, one leased residential apartment, and one vacant upstairs residential unit ready for renovation. Current income includes $800/month from a long-term commercial tenant with lease in place through June 2029, $1,300/month from the main-level commercial space leased through October 1, 2028, and $750/month from a month-to-month one-bedroom residential tenant. The vacant two-bedroom apartment offers an opportunity to renovate, increase rental income, or create additional usable space. The updated storefront adds curb appeal and visibility in a downtown setting, making this a strong fit for investors, business owners seeking income-producing space, or buyers looking for a mixed-use property with multiple revenue streams. With established tenants, downtown exposure, proximity to SAFB, and room to add value, this property is positioned for both immediate cash flow and long-term upside.

This property is located on 0.07 Acre(s).

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Main Features:

Approximate lot size is 0 Acre(s)
Elementary School: MASCOUTAH DIST 19
Middle School: MASCOUTAH DIST 19
High School: Mascoutah

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MLS#: 25059710
Listing ID: 69787
Updated: 1 hour and 21 mins ago
Days on site: 313 days

Listing provided by

Michaela Mendez

Strano & Associates

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