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.
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: 380
Electric: Ameren
Exterior: Brick, Plaster
Parcel#: 10-32.0-145-005
Road Frontage: City Street
Road Surface: Concrete
Water: Public
Listed By / Shown By
Listed By
Agency Name: Strano & Associates
Shown By
Agent Name: Mike Santanello
Agent Phone: (618) 580-4904
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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 by Strano & Associates, with an asking price of $390,000. Search Mascoutah real estate on msantanello.strano.com today.