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Restaurant Equipment Buildings
For Sale
$72,000

416 E North St., Grayville, IL 62844

COMMERCIAL - Grayville, IL

Days on Market261

Property Features for 416 E North St.

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Standard status Active

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Roof type Metal
Listing Agency: The Property Shop
Listed By: Amber Knight
Added: Nov 11, 2025 Changed: Jul 18 Last Checked: Jul 30 at 6:06PM
MLS# 11605044

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This sale includes two buildings and related equipment. The first building was used for fish cleaning and storage and includes large freezers and sinks, a concrete floor with drains, and a half bath. The second building functioned as the fish house restaurant, with cooking equipment and a cafe area.

Equipment purchased in 2018 was reportedly used for two years and is included with the property, supporting a range of food-service or storage-oriented uses based on the existing improvements.

Key Highlights

  • Two buildings plus equipment included
  • First building includes large freezers, sinks, concrete floor with drains, and a half bath
  • Second building was used as the fish house restaurant with cooking equipment and cafe area

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office HVAC Service Law Firm Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
17k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Huck's Shops & Services
7,572 visits/mo 0.3 miles
Casey's General Store Shops & Services
6,841 visits/mo 0.2 miles
Dollar Tree Shops & Services
2,726 visits/mo 0.4 miles

Demographics for 62844, IL

1,930
Population
936
Households
2.1
Avg Household Size
48
Median Age
13%
College-Educated
88%
High-School Grad
46.8 sq mi
ZIP Area
41
Density / Sq Mi
$49,659
Median Household Income
$33,663
Median Earnings
$646
Median Rent
$81,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two on-site buildings include fish-facility features, cooking equipment, and a cafe area.
Where is this conventional restaurant located?
The property is located at 416 E North St. Grayville, IL.
What is the asking price?
The asking price for this property is $72,000.
What are key features of this property?
This property features: Two buildings plus equipment included; First building includes large freezers, sinks, concrete floor with drains, and a half bath; Second building was used as the fish house restaurant with cooking equipment and cafe area
More about this property
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