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701 Monroe Ave 6,560 SF 100% Leased Office Building Charleston, IL 61920 $109,000 ($16.62/SF)



Investment Highlights
- Positioned in the heart of downtown Charleston, offering immediate access to the historic courthouse square.
- Expansive upper level featuring twelve offices and a central boardroom with large windows and picturesque views.
- Functional amenities include a partial basement for storm shelter and utility needs, plus a coveted private parking lot with 10 spaces.
- Two-story structure with nine offices, reception area, file room, kitchen, and meeting spaces on the main floor.
- Original architectural elements include a historic bank vault and concealed 12-foot tray ceiling.
- Adaptable layout suitable for executive offices, retail conversion, or potential short-term rental concepts.
Executive Summary
This premier, well-maintained two-story commercial building offers an exceptional investment opportunity in the heart of downtown Charleston. Spanning two expansive levels, the property features a highly functional main floor equipped with nine individual offices, a welcoming reception area, a dedicated file room, an employee kitchen, two restrooms, a large meeting room, and its original historic bank vault. The sun-drenched upper level boasts twelve additional offices and a spacious central boardroom, all framed by large windows that offer picturesque, unobstructed views of the historic courthouse square. Retaining its grand architectural heritage as a former bank, the building hides a magnificent 12-foot tray ceiling above the current suspended tiles, just waiting to be restored to its original glory. Practical amenities include a partial basement that serves as a storm shelter and utility hub, alongside a highly coveted, 10-space private parking lot located at the opposite end of the block. Whether you choose to maintain it as a multi-suite executive office, convert the upstairs into a premium Airbnb, or remove the lower-level partitions to create a massive retail showroom or antique mall, this versatile property is priced to sell and ready for your vision.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,560 SF
Building Class
C
Year Built
1913
Price
$109,000
Price Per SF
$16.62
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
3,280 SF
Building FAR
1.59
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
COM
Parking
10 Spaces (1.52 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Reception
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Company Not Provided
701 Monroe Ave
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