For Sale
$1,185,000

2310 Lincoln Ave Charleston, IL 61920

Former KFC, 3160 SF, Vacant, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
131
This fee-simple property, a former KFC restaurant, offers 3,160 square feet on a 0.82-acre lot in Charleston, Illinois. Located at 2310 Lincoln Ave (APN 02-2-15952-000), this C-2 zoned property boasts a prime location on a major thoroughfare with over 10,300 vehicles passing daily. The building, constructed in 2002, features a drive-thru and ample parking (37 spaces). Its strategic placement as an outparcel to a Walmart Supercenter and across from an ALDI grocery store ensures high visibility and significant crossover traffic. The property benefits from strong tenant synergy with nearby national fast-food brands. A large consumer base is readily accessible, including the adjacent Campus Pointe Apartments (337 units) and Eastern Illinois University (7,000+ students) located just one mile away. The 5-mile trade area encompasses over 19,400 residents and 7,400 employees, with an average household income of $75,830. This presents an excellent owner-user or redevelopment opportunity with significant upside potential. The asking price is $1,185,000.

Highlights

  • Excellent redevelopment opportunity with significant value-add potential.
  • Outparcel to a Walmart Supercenter in a dense retail corridor, situated on a signalized hard corner intersection with 15,500 vehicles per day.
  • Strong demographics within a 5-mile radius, including proximity to Eastern Illinois University, providing a substantial consumer base.

Property Details for 2310 Lincoln Ave

Property type
Retail properties, Restaurants
Square Feet
3,160 SF
Year Built
2002
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Charleston
County
Coles
State
Illinois
Latitude
39.487212
Longitude
-88.1549091

FAQs

What type of property is this?
Retail property - Former KFC, 3160 SF, Vacant, High Traffic
Where is the retail property located?
The property is located at 2310 Lincoln Ave Charleston, IL.
What is the asking price?
The asking price for this property is $1,185,000.
What are key features of this property?
This property features: Excellent redevelopment opportunity with significant value-add potential.; Outparcel to a Walmart Supercenter in a dense retail corridor, situated on a signalized hard corner intersection with 15,500 vehicles per day.; Strong demographics within a 5-mile radius, including proximity to Eastern Illinois University, providing a substantial consumer base.
How can I contact the broker?
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2310 Lincoln Ave
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