For Sale
$254,000

800 Charleston Ave Mattoon, IL 61938

.48-Acre Restaurant Lot, Ready to Build

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional .48-acre lot at 800 Charleston Ave. in Mattoon, Illinois (61938), presents a unique opportunity for restaurant development. Located on heavily trafficked Route 16/Charleston Ave, this property boasts a prime location with existing infrastructure, including water, power, sewer, and a pre-existing sign. The site comprises three city lots totaling .48 acres and features an existing asphalt parking area and a concrete slab, significantly reducing initial construction costs. Convenient access is provided by double Route 16 cuts, an entrance from 8th Street, and alley access. This property benefits from its history as a long-time restaurant location, offering immediate familiarity and potential for established clientele. The clean slate allows for complete customization to suit any restaurant concept. The asking price is $254,000. Don't miss this chance to acquire this highly desirable commercial property in a thriving Illinois community. This is a rare opportunity to own prime real estate in a high-traffic area with existing utilities and infrastructure already in place.

Highlights

  • .48-acre lot in Mattoon, IL, ideal for restaurant development.
  • Prime location on high-traffic Route 16, with existing utilities (water, power, sewer) and a pre-existing sign.
  • Three combined city lots with asphalt parking and concrete slab, minimizing initial construction costs.
  • Multiple access points: double Route 16 access, 8th Street entrance, and alley access.
  • $254,000 asking price.

Property Details for 800 Charleston Ave

Property type
Land
Lot Size (sq. ft)
20,909 SF

Location Insight

City
Mattoon
County
Coles
State
Illinois
Latitude
39.48186
Longitude
-88.3633349

FAQs

What type of property is this?
Land - .48-Acre Restaurant Lot, Ready to Build
Where is the land located?
The property is located at 800 Charleston Ave Mattoon, IL.
What is the asking price?
The asking price for this property is $254,000.
What are key features of this property?
This property features: .48-acre lot in Mattoon, IL, ideal for restaurant development.; Prime location on high-traffic Route 16, with existing utilities (water, power, sewer) and a pre-existing sign.; Three combined city lots with asphalt parking and concrete slab, minimizing initial construction costs.
How can I contact the broker?
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800 Charleston Ave
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