$440,000
( $71.21Per Sq Foot )
 $2,362 est/mo Sourced by Back At You

235 N Locust Street,Centralia, IL 62801

Centralia, IL 62801

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Description

Investment multi use business opportunity located in the central business district situated on just over an acre paved parcel. This steel framed masonry structure has been the home of the local Elks Lodge fraternal organization for over 65 years. The building layout consists of the lower below grade level finished area with a full bar, two dining areas and separate gathering room, commercial kitchen equipped, restrooms, walk in cooler and freezer and storage areas. the main level has an entry way and office, and the upper level includes a large 60'x60' banquet and event room with side bar, dumbwaiter service from the kitchen below, adequate restrooms and gathering area with storage. With a building structural footprint of 6,000 sq' the upper and lower levels combined is approximately 12,000 sq' with a total combined occupancy allowed of 418. The 3-stage commercial elevator addition with lot entry vestibule was added in 2015 and is current on permitting and a service contract with Otis Elevator Co. This facility has been a staple of the community hosting many private and community events over the years.

Details

MLS #12742431
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1959
Days On Site15
Listing Provided ByColdwell Banker Allen & Geary | Alan Owen

Features

SQ Feet6,179
Story(s)1
Units1
ZoningCOMMR
Acreage1.02

Interior

CoolingCentral Air, Exhaust Fan, Zoned

Exterior

RoofMembrane
Foundation DetailsConcrete Perimeter
Construction MaterialsBrick, Block, Steel Siding

Utilities

UtilitiesSewer Connected, Cable Available, Fiber
ElectricService - 201 to 600 Amps, Power - 240V, Three Phase

Taxes

Tax Year2025
Tax Annual Amount805.4

Area Information

StateIL
CountyMarion
CityCentralia
Zip Code62801
AreaCentralia
Listing VS Median (in 62801)
Price:
$440,000
low | high
Med:
$144,500
100% of Average
sqft:
6,179
low | high
Med:
942
100% of Average
$ / sqft:
$71
low | high
Med:
$190
100% of Average
On site:
15
low | high
Med:
46
32.608695652174% of Average
Sourced by Back At You

Market Activity 62801

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Learn More About This Property

StateIL
CountyMarion
CityCentralia
Zip Code62801
AreaCentralia
Listing VS Median (in 62801)
Price:
$440,000
low | high
Med:
$144,500
100% of Average
sqft:
6,179
low | high
Med:
942
100% of Average
$ / sqft:
$71
low | high
Med:
$190
100% of Average
On site:
15
low | high
Med:
46
32.608695652174% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $330K - $550K
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
421 E BROADWAY Property Photo 1
$74,900
421 E Broadway
Centralia, IL 62801
Listing Updated: September 1, 2026 at 10:28:41 AM PDT