Listing Agency: Farmer & Company Real Estate s***@farmerco.net Show Phone

Listed By: TIFFANY KORTE · License #IL 471021702

Source: Crexi

Added: Jan 14 Changed: Jul 23 Last Checked: Jul 24 at 3:43PM

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Investment Insights

Based on property information with market context.

This corner grocery and convenience store features a fully updated interior with new shelving, flooring, lighting, HVAC systems, coolers, and ceilings. The property also includes a large storage space to support daily operations. Included equipment comprises a fryer, freezers, and deli equipment.

The store is located near the Golconda Marina and the Shawnee National Forest, with visitors coming to the area each year.

The current improvements and included equipment support a ready-to-operate retail grocery concept, with dedicated storage and back-of-house facilities for foodservice needs.

Key Highlights

• Corner grocery store near Golconda Marina and the Shawnee National Forest
• Interior fully updated with new shelving, flooring, lighting, and ceilings
• New HVAC systems included

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Pharmacy Tanning Salon Hair Salon Nail Salon

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

144

Businesses Nearby

4k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Sinclair Shops & Services

4,219 visits/mo 0.1 miles

Demographics for 62938, IL

2,532

Population

1,571

Households

1.6

Avg Household Size

52

Median Age

17%

College-Educated

90%

High-School Grad

168.8 sq mi

ZIP Area

15

Density / Sq Mi

$64,931

Median Household Income

$47,000

Median Earnings

$415

Median Rent

$151,000

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

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Corner grocery store with a fully updated interior, including new shelving, flooring, lighting, HVAC, coolers, and ceilings.

Where is this grocery and convenience store located?

The property is located at 120 S Monroe Street Golconda, IL.

What is the asking price?

The asking price for this property is $580,000.

What are key features of this property?

This property features: Corner grocery store near Golconda Marina and the Shawnee National Forest; Interior fully updated with new shelving, flooring, lighting, and ceilings; New HVAC systems included