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    Mattoon, IL
    Grocery Store

    Mattoon, IL Grocery And Convenience Stores for Sale

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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

    $2,124,439
    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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
    Family Dollar Retail Investment Opportunity

    1315 N Water St, Decatur, IL 62526

    $3,100,000
    14,490 sqft

    Retail property with a strong tenant history since 2019.

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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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    Branded Convenience Store and Fuel Site
    Branded Convenience Store and Fuel Site

    1420 E Pershing Rd, Decatur, IL 62526

    Contact for pricing
    1,250 sqft 0.75 AC lot

    Phillips 66 convenience store with fuel sales and a long-term contract, operating 5:00 AM to 11:00 PM.

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    Grocery-Converted Retail With Dock Doors
    Grocery-Converted Retail With Dock Doors

    605 E Southline Rd, Tuscola, IL 61953

    Contact for pricing

    Well-maintained building offers open retail at the front, shipping and receiving at the rear with two overhead dock doors.

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    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
    Prime Commercial Lot in Savoy

    103 Calvin Street, Savoy, IL 61874

    $125,000
    3,800 sqft 0.33 AC lot

    Last available lot in a thriving Savoy commercial area.

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    Champaign Commercial Land For Sale
    Champaign Commercial Land For Sale

    4202 Nicklaus Drive, Champaign, IL 61822

    $750,000
    1.92 AC lot

    1.92-acre commercial lot in desirable Champaign location.

    View details
    Commercial Land in Terre Haute
    Commercial Land in Terre Haute

    1301 Fort Harrison Road, Terre Haute, IN 47804

    $400,000
    4.42 AC lot

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

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    Corner Commercial Development Land
    Corner Commercial Development Land

    404 S 3RD Street, Girard, IL 62640

    $150,900
    0.81 AC lot

    Developable corner parcel with public utilities on site and multiple access points for retail, service, or residential uses.

    View details

    Mattoon, IL Grocery And Convenience Stores Market Trends and Statistics

    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

    Commercial property segments ranked by active listings on the market

    Shopping centers 5
    Automotive properties 2
    Banks 2
    Storefront properties 2
    Auto shops 1

    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 average 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%

    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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