Prime Downtown Location with Endless Potential! Located just feet from the heart of downtown, this two-story Broadway Street commercial building offers approximately 1,005 square feet on both the main and upper levels, providing a versatile space for a variety of business opportunities. Formerly home to a newspaper company, the building features multiple offices and a flexible layout that can accommodate a single business, shared workspace, professional offices, or a variety of other uses. The unfinished basement provides additional storage space with potential for future buildout. With excellent visibility, convenient access, and a location in the heart of the downtown area, this property offers an outstanding opportunity for an entrepreneur, investor, or business owner looking to establish or expand a presence. The building is being sold with all contents and in "AS-IS" condition. Bring your vision and explore the possibilities this centrally located commercial property has to offer!
Details
MLS #
12774716
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Year
1920
Days On Site
7
Listing Provided By
Keller Williams Pinnacle - MTV | Hope Williams
Features
SQ Feet
2,768
Story(s)
2
Units
1
Zoning
COMMR
Interior
Cooling
Central Air
Exterior
Construction Materials
Aluminum Siding, Frame
Utilities
Electric
Other
Taxes
Tax Year
2025
Tax Annual Amount
3236
Area Information
State
IL
County
Jefferson
City
Mt Vernon
Zip Code
62864
Area
Mt Vernon
Listing VS Median (in 62864)
Price: $49,000
low | high
Med: $199,000
100% of Average
sqft: 2,768
low | high
Med: 2,504
59.537572254335% of Average
$ / sqft: $18
low | high
Med: $81
100% of Average
On site: 7
low | high
Med: 78
8.974358974359% of Average
Sourced by Back At You
Market Activity 62864
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 2
Avg $ Per SqFt: $57.76
Min Sale Price: $36,500
Max Sale Price: $94,000
Med Sale Price: $65,250
Date: Aug 2026
Sales: 7
Avg $ Per SqFt: $122.27
Min Sale Price: $26,000
Max Sale Price: $420,000
Med Sale Price: $134,500
Date: Jul 2026
Sales: 10
Avg $ Per SqFt: $102.71
Min Sale Price: $30,000
Max Sale Price: $270,000
Med Sale Price: $200,000
Date: Jun 2026
Sales: 17
Avg $ Per SqFt: $101.82
Min Sale Price: $150
Max Sale Price: $300,000
Med Sale Price: $165,000
Date: May 2026
Sales: 18
Avg $ Per SqFt: $111.68
Min Sale Price: $40,000
Max Sale Price: $419,000
Med Sale Price: $150,250
Date: Apr 2026
Sales: 17
Avg $ Per SqFt: $123.13
Min Sale Price: $90,500
Max Sale Price: $500,000
Med Sale Price: $218,000
Date: Mar 2026
Sales: 24
Avg $ Per SqFt: $98.18
Min Sale Price: $12,000
Max Sale Price: $450,000
Med Sale Price: $136,794
Date: Feb 2026
Sales: 18
Avg $ Per SqFt: $99.6
Min Sale Price: $44,900
Max Sale Price: $409,425
Med Sale Price: $129,000
Date: Jan 2026
Sales: 14
Avg $ Per SqFt: $110.48
Min Sale Price: $7,500
Max Sale Price: $185,000
Med Sale Price: $121,450
Date: Dec 2025
Sales: 13
Avg $ Per SqFt: $96.12
Min Sale Price: $2,900
Max Sale Price: $340,000
Med Sale Price: $135,000
Date: Nov 2025
Sales: 16
Avg $ Per SqFt: $101.9
Min Sale Price: $7,000
Max Sale Price: $395,000
Med Sale Price: $183,250
Date: Oct 2025
Sales: 14
Avg $ Per SqFt: $87.45
Min Sale Price: $17,100
Max Sale Price: $388,000
Med Sale Price: $123,000
Sourced by Back At You
Sep 2026
Sales:
2
Avg $ Per SqFt:
$57.76
Min Sale Price:
$36,500
Max Sale Price:
$94,000
Med Sale Price:
$65,250
Aug 2026
Sales:
7
Avg $ Per SqFt:
$122.27
Min Sale Price:
$26,000
Max Sale Price:
$420,000
Med Sale Price:
$134,500
Jul 2026
Sales:
10
Avg $ Per SqFt:
$102.71
Min Sale Price:
$30,000
Max Sale Price:
$270,000
Med Sale Price:
$200,000
Jun 2026
Sales:
17
Avg $ Per SqFt:
$101.82
Min Sale Price:
$150
Max Sale Price:
$300,000
Med Sale Price:
$165,000
May 2026
Sales:
18
Avg $ Per SqFt:
$111.68
Min Sale Price:
$40,000
Max Sale Price:
$419,000
Med Sale Price:
$150,250
Apr 2026
Sales:
17
Avg $ Per SqFt:
$123.13
Min Sale Price:
$90,500
Max Sale Price:
$500,000
Med Sale Price:
$218,000
Mar 2026
Sales:
24
Avg $ Per SqFt:
$98.18
Min Sale Price:
$12,000
Max Sale Price:
$450,000
Med Sale Price:
$136,794
Feb 2026
Sales:
18
Avg $ Per SqFt:
$99.6
Min Sale Price:
$44,900
Max Sale Price:
$409,425
Med Sale Price:
$129,000
Jan 2026
Sales:
14
Avg $ Per SqFt:
$110.48
Min Sale Price:
$7,500
Max Sale Price:
$185,000
Med Sale Price:
$121,450
Dec 2025
Sales:
13
Avg $ Per SqFt:
$96.12
Min Sale Price:
$2,900
Max Sale Price:
$340,000
Med Sale Price:
$135,000
Nov 2025
Sales:
16
Avg $ Per SqFt:
$101.9
Min Sale Price:
$7,000
Max Sale Price:
$395,000
Med Sale Price:
$183,250
Oct 2025
Sales:
14
Avg $ Per SqFt:
$87.45
Min Sale Price:
$17,100
Max Sale Price:
$388,000
Med Sale Price:
$123,000
MLS Number: 12774716
Hope Williams – (618) 838-0508 – hopew2018@gmail.com
Keller Williams Pinnacle - MTV – (618) 226-6447
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12774716
Hope Williams – (618) 838-0508 – hopew2018@gmail.com
