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Updated Grocery Store With Equipment
New
For Sale
$450,000

120 S Monroe St, Golconda, IL 62938

Renovated interior with included equipment supports continued grocery or convenience retail operations.

Property Size7,800 SF
Price / SF$57.69
Days on Market4

Property Features for 120 S Monroe St

General Information

Standard status Active
Size 7,800 SF

Additional Details

Business Included Yes

Building Details

Year Built 1975
Listing Agency: Farmer & Co. Real Estate
Listed By: Allen Clay · License #475177720
Source: Grandviewrealtyservices
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 12 at 10:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Farmer & Co. Real Estate

Investment Insights

Based on property information with market context.

This 7,800-square-foot grocery and convenience store at 120 S Monroe St in Golconda, Illinois, was built in 1975 and has received extensive interior improvements. Renovations include new lighting, HVAC, flooring, shelving, coolers, and freezers. The sale includes the store’s equipment, with two checkout lanes supporting an established retail layout.

The property offers on-site customer parking and sits along a travel route serving Southern Illinois recreational destinations. Nearby attractions identified in the property information include Shawnee National Forest, Garden of the Gods, Cave-In-Rock, Dixon Springs State Park, and Ohio River recreation areas. The existing configuration supports continued grocery operations, specialty retail, or convenience-oriented use.

Key Highlights

  • 7,800‑square‑foot grocery and convenience store
  • Interior improvements include lighting, HVAC, flooring, shelving, coolers, and freezers
  • Sale includes store equipment and two checkout lanes

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Pharmacy Real Estate Agency Hair Salon Tanning 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Renovated interior with included equipment supports continued grocery or convenience retail operations.
Where is this grocery and convenience store located?
The property is located at 120 S Monroe St Golconda, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 7,800‑square‑foot grocery and convenience store; Interior improvements include lighting, HVAC, flooring, shelving, coolers, and freezers; Sale includes store equipment and two checkout lanes
More about this property
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