Sign Up Login
Refine Search

108-110 E Main Street, Mascoutah, IL 62258

$400,000
  • 108-110 E Main Street, Mascoutah, IL 62258 Main Photo

54 Total Photos [Click to View All]

Active
MLS#25059697
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONnot in a subdivison

Property 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.

108-110 E Main Street | MLS# 25059697

This commercial property located at 108-110 E Main Street, Mascoutah, IL 62258 is currently listed for sale with an asking price of $400,000. Search Mascoutah real estate on midwest-roots-realty-group.trophypa.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air, Wall/Window Unit(s)
Heating: Forced Air, Natural Gas, Radiant
Lot Size: 0.06 Acres
Taxes: $8,069
Year Built: 1900

Feature Descriptions

Current Use: Mixed Use, Multi-Family, Retail, See Remarks
Days on Site: 314
Electric: Ameren
Exterior: Brick, Plaster
Parcel#: 10-32.0-145-005
Road Frontage: City Street
Road Surface: Concrete
Water: Public

Listed By / Shown

Listed By

Agency Name: Strano & Associates

Shown By

Agent Name: Midwest Roots Realty Group
Agent Phone: (660) 341-0347
Agency Title: Trophy Properties & Auction

IDX logo

Login to My Homefinder

Pixel