106-108 S State Street

Description

Steeped in history and rich with potential, this prominent downtown property combines two adjoining commercial buildings originally constructed circa 1890 into one expansive offering. Located in the heart of the city’s vibrant historic district, the building presents a rare opportunity for investors, developers, or owner-users. The main level—currently vacant—previously supported over 4,700 square feet of leased office space with 11 private offices, receptionist area, two kitchenettes, and six half baths. The layout lends itself to a wide range of future uses, including flexible or on-demand workspaces, professional offices, creative studios, or a complete reimagining to suit today’s commercial needs. The second level, once home to three or more residential apartments many decades ago, is fully unfinished and has been used for storage for an extended period of time. With separate street-level access, this expansive upper floor offers a true blank slate for redevelopment. Please note: the second level currently has no usable power, water, or heat source. Situated approximately one hour from both St. Louis and Springfield, Illinois, Jerseyville offers small-town accessibility with regional connectivity. The property is located within an established TIF district and may qualify for local and regional economic development incentives, adding to its long-term investment appeal. **Pre-approved buyers with local lenders only, please.** This is a compelling opportunity to restore, reposition, and reimagine a cornerstone property in one of Jerseyville’s most dynamic downtown locations.