1512 Marion AveMattoon, IL 61938

Property Details for 1512 Marion Ave

Lot size

1.63 AC

Property type

Commercial real estate

APN

07-1-06258-000

APU

7106258000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $19,831,232

  Hospitality

  $18,165,302

  Educational

  $15,113,318

  Medical

  $15,633,088

  Retail

  $23,509,606

Location Insight

City

Mattoon

County

Coles

State

Illinois

Latitude

39.4764

Longitude

-88.3731

CBSA code

16660

CBSA name

CHARLESTON-MATTOON, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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