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1350 E Mall Rd 7,920 SF Retail Building Carbondale, IL 62901 $699,000 ($88.26/SF)

Investment Highlights
- Located in Carbondale’s primary shopping district with strong retail co-tenancy.
- Positioned on a 32,234 SF lot with 18 surface parking spaces.
- Accessible from major routes including State Highway 13 and East Main Street.
- Free-standing retail building with steel siding and gable metal roof.
- Features one dock-high loading door and central air conditioning.
- Situated in an Enterprise Zone with potential tax advantages.
Executive Summary
This single-tenant retail property offers a strong presence within Carbondale’s major shopping district. The building spans 7,920 square feet on a 32,234-square-foot lot and is positioned in the Central Business District with direct frontage on a city street. Constructed in 2000, the property features a free-standing design with steel siding, slab foundation, and a gable metal roof. It includes one dock-high loading door, 18 surface parking spaces, and modern utility connections such as electric, gas, water, and sewer services.
The site benefits from its location near the intersection of East Main Street (State Highway 13) and North Giant City Road, providing convenient access to regional traffic corridors. Surrounding retailers include national brands such as Kohl’s, Kroger, Casey’s, Wells Fargo, and Forbes Financial, creating a strong retail synergy. The property is situated within an Enterprise Zone, offering potential tax incentives for qualifying buyers. With a current tax assessment of $22,316–$24,024 annually and utilities provided by Ameren, this asset is well-suited for investors seeking a stable retail location in a high-traffic commercial corridor.
The site benefits from its location near the intersection of East Main Street (State Highway 13) and North Giant City Road, providing convenient access to regional traffic corridors. Surrounding retailers include national brands such as Kohl’s, Kroger, Casey’s, Wells Fargo, and Forbes Financial, creating a strong retail synergy. The property is situated within an Enterprise Zone, offering potential tax incentives for qualifying buyers. With a current tax assessment of $22,316–$24,024 annually and utilities provided by Ameren, this asset is well-suited for investors seeking a stable retail location in a high-traffic commercial corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,920 SF
Building Class
C
Year Built
1999
Price
$699,000
Price Per SF
$88.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.74 AC
Opportunity Zone
Yes
Zoning
SB-Secondary Buisness
Parking
22 Spaces (2.78 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-14-351-049 | Improvements Assessment | $137,311 |
| Land Assessment | $59,155 | Total Assessment | $196,466 |
Property Taxes
Parcel Number
15-14-351-049
Land Assessment
$59,155
Improvements Assessment
$137,311
Total Assessment
$196,466
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1350 E Mall Rd
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