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Corner Automotive Sales Building
For Sale
$105,000

200 E 1st St, Pana, IL 62557

Corner lot building on a busy commercial corridor, currently operated as an auto sales property.

Property Size1,110 SF
Price / SF$94.59
Days on Market305

Property Features for 200 E 1st St

General Information

Standard status Active
Size 1,110 SF
Listing Agency: Carol & Company
Listed By: Nicholas Spracklen
Source: Exprealty
Added: Sep 29, 2025 Changed: Jul 10 Last Checked: Jul 29 at 8:49PM

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 Carol & Company

Investment Insights

Based on property information with market context.

The property is a 37 by 30 building currently known as Joe’s Auto Sales. The offering is for a commercial structure suited to an automotive-oriented use, with the existing buildout supporting day-to-day sales and customer traffic.

The building sits on a corner lot in Pana, Illinois, at 200 East First Street. The site is described as being at the intersection of Rt. 51, 16, and 29, and it is located across the street from McDonald’s, placing it within an active retail and consumer area.

For buyers or operators, the property’s existing identity as an auto sales location makes it a practical fit for automotive-related businesses seeking a prominent corner presence. The building’s straightforward commercial configuration may also work for other showroom or sales uses, depending on how a new operator plans to adapt the interior and site for customers.

Key Highlights

  • 37x30 commercial building on a corner lot in Pana, IL
  • Located on the corner of Rt. 51, 16 and 29 in a high‑traffic area
  • Across the street from McDonald's

Property Analytics

Current Use

Showrooms

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Restaurant Big Box & Wholesale Store

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

108
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62557, IL

6,841
Population
3,338
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
116.9 sq mi
ZIP Area
59
Density / Sq Mi
$51,769
Median Household Income
$29,878
Median Earnings
$684
Median Rent
$93,600
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?
Showroom - Corner lot building on a busy commercial corridor, currently operated as an auto sales property.
Where is this showroom located?
The property is located at 200 E 1st St Pana, IL.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 37x30 commercial building on a corner lot in Pana, IL; Located on the corner of Rt. 51, 16 and 29 in a high‑traffic area; Across the street from McDonald's
More about this property
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