USAILVandalia13 Old Capitol Shopping Center
13 Old Capitol Shopping Center | Image 1
New
13 Old Capitol Shopping Center | Image 2
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$155,000

For Sale

2 days ago

13 Old Capitol Shopping Center, Vandalia, IL

House

MLS® 6258298

0 Bed

0 Bath

--

7 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes $1,400
Days Active 1
Lot Size 
Approx. Age 1972
MLS® Number 6258298

Property Address: 13 Old Capitol Shopping Center, Vandalia, IL, 62471

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

Description

Exceptional investment opportunity! This 2, 579 sq ft commercial property delivers strong in-place income with an approximate 12.45% cap rate, with upside potential to reach 16.7%+ through lease-up of the vacant space. Anchored by a long-term DMV tenant with over 50 years of continuous occupancy, the property offers stability and proven tenancy. The vacant former bank space features a drive-thru canopy, presenting an excellent opportunity for additional income or owner-user flexibility. Positioned at a high-visibility signalized intersection with approximately 16, 000± vehicles per day, the site benefits from strong traffic counts and exposure. Located within an Opportunity Zone and supported by TIF and Enterprise Zone incentives, this property offers compelling financial advantages. Surrounded by national retailers and established local amenities, this is a rare chance to acquire a high-yield asset with both immediate returns and significant value-add potential.
MLS® Number6258298
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1972
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 28, 2026List Date
$155,000List Price
  • Commute

Commute

Starting Address
Destination Address
13 Old Capitol Shopping Center, Vandalia, IL

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