For Sale
$1,250,000

1512 Marion Ave Mattoon, IL 61938

Thriving Grocery Store, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
Own this established 18,762 sq ft grocery store in Mattoon, Illinois. Located on a 1.63-acre lot at 1512 Marion Ave (APN 1313384011), this fee simple property offers significant value-add potential. The store features a renowned meat selection, attracting a loyal customer base. With ample space, there's room to expand offerings and increase revenue by adding services like check cashing, lottery, or additional food items. The asking price is $1,250,000 ($66.62/sq ft). This is a rare opportunity to acquire a profitable business with significant growth potential in a desirable location. The property is zoned commercial and includes one building with 18,762 net rentable square feet. This owner/user investment presents a unique chance to capitalize on a well-established business and its prime location within the Mattoon community. The property's size and existing customer base provide a solid foundation for future expansion and increased profitability. Don't miss this chance to own a thriving grocery store with real estate.

Highlights

  • Established 18,762 SF grocery store in Mattoon, IL on a 1.63-acre lot.
  • Fee simple ownership with $1,250,000 asking price ($66.62/SF).
  • Features a renowned meat selection and loyal customer base.
  • Significant value-add potential by expanding offerings (e.g., check cashing, lottery).
  • Zoned commercial, one building with 18,762 net rentable square feet.

Property Details for 1512 Marion Ave

Property type
Retail properties, Grocery and convenience stores
Square Feet
18,762 SF
Buildings
1
Lot Size (sq. ft)
71,003 SF
Units
1

Location Insight

City
Mattoon
County
Coles
State
Illinois
Latitude
39.475990140595
Longitude
-88.373396775209

FAQs

What type of property is this?
Retail property - Thriving Grocery Store, High Potential
Where is the retail property located?
The property is located at 1512 Marion Ave Mattoon, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Established 18,762 SF grocery store in Mattoon, IL on a 1.63-acre lot.; Fee simple ownership with $1,250,000 asking price ($66.62/SF).; Features a renowned meat selection and loyal customer base.
How can I contact the broker?
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1512 Marion Ave
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