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    Mattoon, IL Grocery And Convenience Stores for Sale

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    Charleston, IL Neoga, IL Arcola, IL
    New Dollar General Plus Store
    $2,124,439
    10,566 SF

    New Dollar General Plus Store

    1717 Lake Land Blvd, Mattoon, IL 61938

    New 10,566 SF Dollar General Plus store in Illinois.

    • 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.
    Updated: Nov 15, 2023
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Family Dollar Retail Investment Opportunity
    $3,100,000
    14,490 SF

    Family Dollar Retail Investment Opportunity

    Retail property with a strong tenant history since 2019.

    1315 N Water St, Decatur, IL 62526
    View details
    Family Dollar Investment Opportunity
    $3,100,000
    14,490 SF

    Family Dollar Investment Opportunity

    NNN leased Family Dollar with strong corporate guarantee.

    1315 N Water St, Decatur, IL 62526
    View details
    37,619 SF Former Grocery Store
    $990,000

    37,619 SF Former Grocery Store

    Well-maintained building with ample parking and multiple uses.

    605 E Southline Rd, Tuscola, IL 61953
    View details
    Former Grocery Store with Parking
    $990,000
    37,619 SF

    Former Grocery Store with Parking

    37,619 SF building, formerly a grocery store, for sale.

    607 E Southline Rd, Tuscola, IL
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Lot in Savoy
    $125,000

    Prime Commercial Lot in Savoy

    Last available lot in a thriving Savoy commercial area.

    103 Calvin Street, Savoy, IL 61874
    View details
    Champaign Commercial Land For Sale
    $750,000
    1.92 Acres

    Champaign Commercial Land For Sale

    1.92-acre commercial lot in desirable Champaign location.

    4202 Nicklaus Drive, Champaign, IL 61822
    View details
    Commercial Land in Terre Haute
    $400,000
    4.42 Acres

    Commercial Land in Terre Haute

    Commercial land with road frontage in a high-traffic area.

    1301 Fort Harrison Road, Terre Haute, IN 47804
    View details
    Prime Commercial Land Near Casino
    $3,000,000
    37.09 Acres

    Prime Commercial Land Near Casino

    37+ acres of commercial land adjacent to Terre Haute Casino.

    4400 Margaret Avenue, Terre Haute, IN 47802
    View details

    Mattoon, IL Grocery And Convenience Stores Investment Opportunities Market Analysis

    Explore 1 grocery and convenience stores for sale in Mattoon, IL on our real estate platform. These investment opportunities span a total of 10,566 square feet of properties for sale, with an estimated market value of $2,124,439.

    Sale prices for supermarkets in Mattoon, IL start at $2,124,439, averaging $2,124,439, and reaching up to $2,124,439 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Shopping centers 5
    Banks 2
    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Mattoon submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61938 $2.1M

    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%

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