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Dollar General Retail Building
For Sale
Contact for pricing
Pending

3321 Dewitt Ave, Mattoon, IL 61938

The recently renewed lease has five years remaining on its current term.

Property Size9,100 SF
Lot Size1.01 Acres
Days on Market142

Property Features for 3321 Dewitt Ave

General Information

Standard status Pending
Size 9,100 SF
Lot size 1.01 Acres
Property subtype Retail
Listing Agency: KELCO Investments
Listed By: Kelly Huang · License #IL 471008018
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:19PM

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 KELCO Investments

Investment Insights

Based on property information with market context.

Built for Dollar General, the property includes a 9,100 SF retail building on 1.01 acres. The store has updated exterior signage and a remodeled interior, while the existing lease has five years remaining after a recent renewal.

The property fronts Dewitt Ave. in Mattoon, near Lender’s Bagels and the Rural King headquarters and distribution warehouse. It is positioned within a dense residential area and recorded 60,100 annual visitors, ranking as Mattoon’s most visited store. The location serves a community supported by healthcare, education, and manufacturing employment, with Lake Land College in Mattoon and Eastern Illinois University in nearby Charleston.

Key Highlights

  • 9,100 SF Dollar General building on 1.01 acres
  • Lease recently renewed with five years remaining on the current term
  • Updated Dollar General signage and remodeled interior

Property Analytics

Current Use

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61938, IL

20,768
Population
10,299
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
126.5 sq mi
ZIP Area
164
Density / Sq Mi
$54,288
Median Household Income
$39,651
Median Earnings
$771
Median Rent
$109,100
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 - The recently renewed lease has five years remaining on its current term.
Where is this grocery and convenience store located?
The property is located at 3321 Dewitt Ave Mattoon, IL.
What are key features of this property?
This property features: 9,100 SF Dollar General building on 1.01 acres; Lease recently renewed with five years remaining on the current term; Updated Dollar General signage and remodeled interior
More about this property
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