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Mount Carmel, OH Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Mount Carmel, Ohio Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Mount Carmel IL Properties: 1.4800%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Mount Carmel IL

Common questions from investors exploring commercial real estate in Mount Carmel IL.

What's the overall investment potential of Mount Carmel, IL, considering its demographics and economy? +
Mount Carmel's relatively low poverty rate of 15.6% and high health insurance coverage of 92.5% suggest a stable workforce, while its top industries in finance, insurance, and real estate indicate a diverse economy. The median household income of $42,612 and median property value of $75,500 also point to a working-class market with potential for growth. Additionally, the city's ethnic diversity, with a majority White population and significant American, German, and Irish ancestries, contributes to a stable community.
How does the city's commute time and transportation infrastructure impact its attractiveness to renters and investors? +
The average commute time of 18.6 minutes in Mount Carmel is relatively short, and the top commute methods of driving alone, carpooling, and working from home indicate a flexible and convenient transportation infrastructure. This, combined with the city's high health insurance coverage and low poverty rate, makes it an attractive location for renters who value ease of transportation and a stable living environment. Furthermore, the city's diverse industries and relatively high median household income also contribute to its appeal.
What are the implications of Mount Carmel's housing market and property taxes for real estate investors? +
The median property value of $75,500 and median property taxes of $2,192 in Mount Carmel suggest a relatively affordable housing market with manageable tax burdens. The city's high homeownership rate of 70.5% and average household size of 2.33 also indicate a strong demand for housing. Considering the city's low poverty rate, high health insurance coverage, and diverse economy, investors may find opportunities for stable and profitable investments in Mount Carmel's housing market.
How does the city's education level and workforce quality impact its investment potential? +
Mount Carmel's high school graduation rate of 85.2% and percentage of population with a bachelor's degree or higher of 15.6% suggest a relatively well-educated workforce. This, combined with the city's low poverty rate, high health insurance coverage, and diverse industries, indicates a stable and skilled workforce that can support local businesses and attract new investments. Additionally, the city's short average commute time and flexible transportation infrastructure also contribute to its appeal as a location for businesses and investors.
What role does ethnic diversity and industry mix play in shaping Mount Carmel's investment landscape? +
Mount Carmel's ethnic diversity, with a majority White population and significant American, German, and Irish ancestries, contributes to a stable and welcoming community. The city's industry mix, with top industries in finance, insurance, and real estate, also indicates a diverse and resilient economy. Considering the city's low poverty rate, high health insurance coverage, and relatively high median household income, investors may find opportunities for stable and profitable investments in Mount Carmel's diverse economy and housing market.

Mount Carmel IL Real Estate & City Facts

Key facts and real estate information about Mount Carmel IL.

What are some of the best neighborhoods to live in Mount Carmel? +
Some of the best neighborhoods to live in Mount Carmel, IL, are in the central parts of the city, with median house prices around $106,319. According to BestNeighborhood.org, the most desired areas tend to be in the central parts of the city, while more affordable homes are in the south regions.
What are some fun things to do in Mount Carmel? +
There are several fun things to do in Mount Carmel, IL, including hiking along the Wabash River on the White Oak Trail, visiting the Elkheart Cliffs Slot Canyon Trailhead, and exploring the Red Hollow Canyon Trailhead. You can also check out the shopping and dining options in Mount Carmel.
What is the food scene like in Mount Carmel? +
The food scene in Mount Carmel, IL, offers a variety of options, including Taco Tierra, a family-owned and operated business serving Mexican cuisine, and Kellyo's Pizza, Little Italy's Pizza, Cactus Cuisine and Ice Cream, and Bobe's Pizza. You can also find fast food restaurants like Subway.
What are the pros and cons of living in Mount Carmel? +
The pros of living in Mount Carmel, IL, include its affordable housing, with median house prices around $106,319, and its natural attractions, such as the Wabash River and the White Oak Trail. However, the cons include a relatively low median household income of $42,612 and a poverty rate of 15.6%.
Is Mount Carmel a good place to live? +
Mount Carmel, IL, can be a good place to live for those who value affordability and natural attractions. While it has its challenges, such as a relatively low median household income and a poverty rate, it also offers a range of amenities and activities, including hiking, shopping, and dining. Ultimately, whether Mount Carmel is a good place to live depends on your individual priorities and preferences.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Mount Carmel IL Commercial Property: $42,612

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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