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Listed price in listed location currency (USD).
$385,000

000

MLS® 100000575

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $15,405
Days Active 0
Approx. Age 1958
MLS® Number 100000575

Property Address: 828 E Main St, Carbondale, IL, 62901-3133

Average square foot calculated using Size range provided by listing agent.

Description

Wright Business Center is a stabilized, income-producing commercial asset situated on approximately 3 acres in the heart of Carbondale. Located along a high-traffic corridor with 20, 000+ vehicles per day, the property offers exceptional visibility, strong tenant demand, and long-term investment upside. The center is currently occupied by a diversified tenant mix, providing consistent monthly cash flow: Massage Therapist – $725/month Paint & Sip Studio – $650/month Retail Store – $875/month Tax Specialist – $800/month Music Studio – $650/month Property is being sold due to the owner's retirement, presenting an opportunity to acquire a proven commercial investment recently appraised at over $500, 000 at a significantly reduced asking price of $385, 000—built-in equity from day one. Property is being offered as-is. Recent capital improvements include a new roof on Building 1 and a brand-new parking lot, minimizing near-term capital expenditures and enhancing long-term asset stability. Located within a Business Enterprise District, the property benefits from significant tax incentives, including sales tax frozen for the first five years and 50% frozen for the following five years, enhancing operating income potential. Investor-friendly features include ground-level units with no stairs, ample free parking, and three curb cuts allowing easy ingress and egress—supporting tenant retention and broad usability. The layout also allows for rent optimization and future repositioning. Additionally, approximately 9.5 acres of adjacent land, owned by the City of Carbondale, is available for purchase, offering potential for expansion, redevelopment, or value-add strategies. This is a rare opportunity to secure a high-visibility, cash-flowing commercial property with tax advantages, capital improvements already completed, and meaningful upside in a growing Carbondale corridor.
MLS® Number100000575
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1958
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 13, 2026List Date
$385,000List Price
  • Commute

Commute

Starting Address
Destination Address
828 E Main St, Carbondale, IL

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