108-110 E Main Street,Mascoutah, IL 62258
Mascoutah, IL 62258
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.
Details
| MLS # | 25059697 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 420 |
| Listing Provided By | Strano & Associates | Michaela Patterson |
Features
| Building(s) | 2 |
|---|---|
| Acreage | 0.06 |
Interior
| Cooling | Central Air, Wall/Window Unit(s) |
|---|---|
| Heating | Forced Air, Natural Gas, Radiant |
Exterior
| Construction Materials | Brick, Plaster |
|---|
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected |
|---|---|
| Electric | Ameren |
Taxes
| Property | 8069 |
|---|
Area Information
| State | IL |
|---|---|
| County | St. Clair |
| City | Mascoutah |
| Zip Code | 62258 |
| Community Name | not in a subdivison |
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Learn More About This Property
| State | IL |
|---|---|
| County | St. Clair |
| City | Mascoutah |
| Zip Code | 62258 |
| Community Name | not in a subdivison |
