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

    1110 E Main St Galesburg, IL 61401

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $8 SF/Yr ($4,974 /Mo)

    Freestanding retail property for sublease on a half-acre lot.

    Property size:
    7,462 SF
    Lot size:
    0.54 Acres

    Property Features for 1110 E Main St

    General Information

    Size
    7,462 SF
    Lot size
    0.54 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent Nick Ragle

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

    Overview

    Freestanding Retail Property Sublease Opportunity

    This freestanding retail property is available for sublease. Situated on a half-acre lot, the property is suitable for various retail or service-oriented businesses. The building offers a functional layout and flexible space to accommodate different business needs. The location benefits from high visibility and strong traffic counts, with a combined average daily traffic (AADT) of over 14,000 at the nearby intersection of E Main St and Grand Ave. The current lease extends until May 31st, 2027. The property features a triple net lease (NNN), requiring the tenant to maintain insurance, all maintenance, and property taxes in addition to the base rent. However, the tenant is open to negotiating a modified gross lease structure with a prospective subtenant, with the gross rate to be determined by the agreed-upon terms and responsibilities. The property has a size of 7,462 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    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
    Galesburg
    County
    Knox
    State
    Illinois
    Longitude
    -90.38859
    Latitude
    40.94729

    Nearby Similar for Lease

    • Contact for pricing
      6,000 SF

      Galesburg Retail Build-to-Suit

      Prime Galesburg retail space, flexible plans.
      100 Seminary St, Galesburg, IL 61401
      View Details
    • Contact for pricing
      1,500 SF

      Galesburg Retail Space: Prime Location

      1,500 SF Retail Space, Ample Parking
      23 Farnham St, Galesburg, IL 61401
      View Details
    • Contact for pricing
      5,021 SF

      Galesburg Retail Space: Prime Location

      5,021 SF Retail Space - High Visibility
      187 Losey St, Galesburg, IL 61401
      View Details
    • $16 SF/Yr
      4,647 SF

      Galesburg Restaurant - For Lease

      Prime Galesburg location, high traffic, ample parking.
      1727 Henderson St, Galesburg, IL 61401
      View Details
    • $15 SF/Yr
      5,000 SF

      Retail Space Available For Lease

      Former Shoe Sensation endcap space available for lease.
      2472 Veterans Dr, Galesburg, IL 61401
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available for rent at Veterans Drive, Galesburg, IL.
      2470-2474 Veterans Dr, Galesburg, IL 61401
      View Details

    FAQs

    What type of property is this?
    Retail space - Freestanding retail property for sublease on a half-acre lot.
    Where is this retail space located?
    The property is located at 1110 E Main St Galesburg, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - High visibility and strong traffic counts (14,000+ AADT) at a nearby intersection.; - Freestanding retail property suitable for various retail or service businesses.; - Functional layout and flexible space.
    (217) 352-7712
    Request Owner's contact information
    1110 E Main St Galesburg, IL 61401
    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.
    1110 E Main St
    Galesburg, IL 61401
    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
    1110 E Main St Galesburg, IL 61401
    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.