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    515 Water St Pinckneyville, IL 62274

    Sponsored
    For Sale
    $150,000

    Established Sporting Goods Business, Huge Potential

    Property size:
    9,440 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 9,440 square foot commercial property located at 515 W Water Street, Pinckneyville, IL, presents a remarkable investment opportunity. The building has served as Mann's Sporting Goods for over 75 years, establishing a strong presence in the heart of Pinckneyville. The main building boasts a spacious 3,200 square foot showroom, ideally suited for retail gun sales and ammunition, complete with display cases. A dedicated gunsmith shop is also included. A full walk-out basement provides ample storage and features a convenient back loading dock. Adding to the property's versatility is a separate 40 x 30 metal pole building with concrete flooring and electricity, perfect for additional storage or expansion. The main building also includes large display windows, a dedicated office space, and upper-level living quarters, offering flexibility for various uses. There is also an area designated for expansion. All remaining inventory is included in the sale price of $150,000. This is a rare chance to acquire a well-established business and a substantial property in a desirable location. Don't miss this opportunity to own a piece of Pinckneyville's history and secure a thriving future.

    Property Features for 515 Water St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,440 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pinckneyville
    County
    Perry
    State
    Illinois
    Longitude
    -89.38922
    Latitude
    38.08044

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    FAQs

    What type of property is this?
    Commercial real estate - Established Sporting Goods Business, Huge Potential
    Where is this commercial real estate located?
    The property is located at 515 Water St Pinckneyville, IL.
    What is the asking price?
    The asking price for this property is $150,000.
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    515 Water St Pinckneyville, IL 62274
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    Pinckneyville, IL 62274
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    515 Water St Pinckneyville, IL 62274
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