Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1077 W Broadway Centralia, IL 62801

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,263,500

    Restaurant property with strong sales and sub-5% rent-to-sales ratio.

    Property size:
    2,070 SF
    Lot size:
    36.44 Acres

    Property Features for 1077 W Broadway

    General Information

    Size
    2,070 SF
    Lot size
    36.44 Acres

    Source: SRS Real Estate Partners | Chicago Agent Dan Elliot

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Opportunity

    This property is a restaurant location affiliated with Flynn Restaurant Group, one of the largest franchise operators in the U.S. Flynn Restaurant Group manages nearly 2,800 QSR/restaurant units across brands such as Taco Bell, Pizza Hut, Arby’s, Wendy’s, Applebee’s, and Panera Bread, as well as over 35 Planet Fitness locations. The property is a top-performing location with a healthy rent-to-sales ratio below 5% in 2024. The property contains 2,070 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Centralia
    County
    Marion
    State
    Illinois
    Longitude
    -89.118132
    Latitude
    38.526095

    Nearby Similar for Sale

    • New
      $99,900
      5,749 SF

      Centralia Church and Home

      Church and single family home with many possibilities.
      1502 S Pine St, Centralia, IL 62801
      View Details
    • Contact for pricing
      Pending

      Centralia Duplex: Rehab Opportunity

      Two single-family homes on one parcel, ideal for investment.
      226 N Lincoln Blvd, Centralia, IL 62801
      View Details
    • $300,000
      4,600 SF

      Versatile Commercial Property in Centralia

      Updated commercial property with flexible space and high visibility.
      705 S Poplar St, Centralia, IL 62801
      View Details
    • $249,000

      Centralia, IL Commercial Opportunity

      Versatile 5200+ sq ft property suitable for various business ventures.
      104 N Pine St, Centralia, IL 62801
      View Details
    • $365,400
      6,530 SF

      Partially Renovated Apartment Complex

      Investment opportunity: partially renovated apartment complex with building materials included.
      223 N Broadway St, Centralia, IL 62801
      View Details
    • $119,900
      2,436 SF

      Centralia IL Brick Duplex

      All brick duplex in Centralia, Illinois, great investment opportunity.
      406 Cedar St, Centralia, IL 62801
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Restaurant property with strong sales and sub-5% rent-to-sales ratio.
    Where is this drive through restaurant located?
    The property is located at 1077 W Broadway Centralia, IL.
    What is the asking price?
    The asking price for this property is $2,263,500.
    What are key features of this property?
    This property features: - Top performing location with a healthy, sub-5% rent-to-sales ratio in 2024.; - Franchisee is an affiliate of Flynn Restaurant Group, the largest franchise operator in the U.S.; - Flynn Restaurant Group operates nearly 2,800 QSR/restaurant units.
    (312) 972-7978
    Request Owner's contact information
    1077 W Broadway Centralia, IL 62801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1077 W Broadway
    Centralia, IL 62801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1077 W Broadway Centralia, IL 62801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.