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Updated Grocery Store
For Sale
$450,000

120 S Monroe Street, Golconda, IL 62938

Commercial Sale, Golconda, IL

Property SizeContact for details
Lot Size0.50 Acres
Days on Market231

Property Features for 120 S Monroe Street

General Information

Property type Commercial Sale
Property subtype Retail
Directions Near the Golconda Marina in Golconda
Subdivision Golconda
Standard status Active
APN 09219011016
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5027

Utilities

Cooling system Central Air, Zoned

Building Details

Year built 1975
Floors in Building 1
Flooring type Sealed, Concrete
Building materials Wood, Steel Siding
Roof type Metal
Listing Agency: Farmer & Co. Real Estate
Listed By: Allen Clay · License #475177720
Added: Jan 14 Changed: Sep 1 Last Checked: Sep 2 at 5:06PM
MLS# 100000623

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This grocery and convenience store occupies a 0.5-acre property at 120 S Monroe Street in Golconda, Illinois. Interior improvements include new lighting, HVAC, flooring, shelving, coolers, and freezers, with the sale including the installed equipment. The layout has two checkout lanes and sealed concrete flooring, while central air with zoned cooling supports the interior environment.

Built in 1975, the building features wood and steel siding beneath a metal roof. On-site parking accommodates customer vehicles and larger vehicles. The property sits along a travel route toward Shawnee National Forest, Garden of the Gods, Cave-In-Rock, Dixon Springs State Park, Ohio River attractions, Southern Illinois wine trails, hiking destinations, and river recreation areas.

Key Highlights

  • 0.5‑acre grocery and convenience store property
  • Interior improvements include lighting, HVAC, flooring, shelving, coolers, and freezers
  • Sale includes grocery store equipment

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Renovated retail facility includes equipment and two checkout lanes.
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 $450,000.
What are key features of this property?
This property features: 0.5‑acre grocery and convenience store property; Interior improvements include lighting, HVAC, flooring, shelving, coolers, and freezers; Sale includes grocery store equipment
More about this property
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