Grocery Store

Mattoon, IL Grocery And Convenience Stores for Sale

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Dollar General Retail Building
Updated: Apr 11
Dollar General Retail Building

3321 Dewitt Ave, Mattoon, IL 61938

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9,100 sqft 1.01 AC lot
9,100 SF Dollar General building on 1.01 acres
Lease recently renewed with five years remaining on the current term
Updated Dollar General signage and remodeled interior
Located on Dewitt Ave. near Lender’s Bagels and Rural King HQ
60,100 annual visitors, ranking as Mattoon’s most visited store
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New Dollar General Plus Store
Updated: Nov 15, 2023
New Dollar General Plus Store

1717 Lake Land Blvd, Mattoon, IL 61938

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10,566 sqft
Brand new 10,566 SF Dollar General Plus store with a 15‑year Absolute NNN Lease, offering zero landlord responsibilities.
Corporately guaranteed lease by Dollar General Corporation with an Investment Grade credit rating of “BBB”.
Strategic location on the main North‑South thoroughfare of Lake Land Blvd. with high visibility.
Attractive demographics: 19,233 population within a 10‑mile radius and $62,072 average household income within 5 miles.
5% rent increases every 5 years during the primary term and each of the five 5‑year renewal options.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Licensed Butcher Shop Manufacturing Property
Licensed Butcher Shop Manufacturing Property

304 Chapin St, Ivesdale, IL 61851

$499,900
7,155 sqft

Established meat-processing facility with upgraded refrigeration and an on-site employee residence.

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37,619 SF Former Grocery Store
37,619 SF Former Grocery Store

605 E Southline Rd, Tuscola, IL 61953

$990,000
37 sqft

Well-maintained building with ample parking and multiple uses.

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Licensed Grocery and Convenience Store
Licensed Grocery and Convenience Store

304 Chapin Street, Ivesdale, IL 61851

$499,900
0.55 AC lot

Operating butcher shop with upgraded refrigeration, employee housing, and central air conditioning in Ivesdale, Illinois.

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Grocery and Retail Building with Endcap
Grocery and Retail Building with Endcap

607 E Southline Rd, Tuscola, IL 61953

Contact for pricing
37,619 sqft

Well-maintained IGA grocery building with open retail at the front and shipping and receiving in the rear.

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Mattoon, IL Grocery And Convenience Stores Market Trends and Statistics

Explore 2 grocery and convenience stores for sale in Mattoon, IL on our real estate platform. These investment opportunities span a total of 19,666 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 15
Storefront properties 8
Automotive properties 3
Banks 2
Grocery and convenience stores 2

Demographics Overview

Population 20K
Population Growth (5Y) -6.4%
Median Household Income $54,288
College Educated 31.1%

Taxes & Financing

Tax Rate (average for all types) 7.54%
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mattoon fall within the 50,000 to 100,000 square foot range.

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