For sale

$89,900

1,892 SF building0.1 acre lotBuilt 1900

518 N Market StreetMount Carmel, IL 62863

Retail property (from the listing description) · Storefront · MLS 11887409 · Listed 148 days ago (Jun 9, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

Prime commercial opportunity in the heart of Mount Carmel's uptown business district. This 1,892-square-foot building offers excellent visibility, updated appeal, and a well-known local history as a longtime barber shop. Recent improvements include newly epoxied flooring, a brand-new electric water heater, and refreshed interior and exterior finishes, creating a clean, move-in-ready space for your next business venture. Whether you are expanding, relocating, or launching something new, this property is ready for you to hang your shingle and get right down to business. Don't miss this opportunity to secure a highly recognizable commercial location. Call today to schedule your private tour.

Description provided by the listing brokerage.

Key facts

Asking price
$89,900
Status
For sale
Property type
RetailFrom the listing description
Building area
1,892 SFSource field LivingArea
Land area
0.1 acresSource field LotSizeSquareFeet
Year built
1900
MLS number
11887409

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$89,900
Price per SF of building
$48/SFAsking price ÷ 1,892 SF reported building area
Annual taxes
$1,540Tax year 2024

Building and site

Stories
1
Year renovated
2023Source field RenovationYear_C
Reported zoning
CommercialAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
County
Wabash County

Reported features

  • Natural gas (from a listing field)
  • Public water (from a listing field)

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Heating

  • Forced Air
  • Natural Gas

Construction

  • Wood Siding
  • Brick

Roof

  • Flat

Water

  • Public (Water Source)

Sewer

  • Other

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Mount Carmel or retail property in Mount Carmel.

Why this listing is on Commercial Only

  • Property type as the listing describes it. (description: "…well-known local history as a longtime barber shop. recent improvements include newly epox…")
  • MLS property class detail. (PropertyTypeDetail: comm-building)

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Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

    Guides

    Listing courtesy of SARA STORCKMAN REALTY INC. Listing agent: Amy Pettyjohn. Listings provided by MyStateMLS.

    Listing last modified at the source Jul 15, 2026, 9:16 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 12:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.