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Freestanding Restaurant Building with Parking

224 Richmond Ave E Mattoon, IL 61938

224 Richmond Ave E, Mattoon, IL, 61938
Contact for pricing
For Sale
Contact for pricing
Pending

Freestanding restaurant building renovated in 2016, with parking lot upgrades completed in 2023.

Property Size5,800 SF
Lot Size1.22 Acres
Days on Market89

Property Features for 224 Richmond Ave E

General Information

Standard status
Pending
Size
5,800 SF
Lot size
1.22 Acres
Property subtype
Retail
Listing agency Marcus & Millichap - Los Angeles
Listed by Robert Narchi · License #01324570
Source Crexi
Added: Apr 24 Updated: Jul 21 at 4:58PM Checked: Jul 21 at 4:58PM

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 Marcus & Millichap - Los Angeles


Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to present a freestanding restaurant building on 1.22 acres at 224 Richmond Avenue East in Mattoon, Illinois. The property was fully renovated in 2016, and a parking lot upgrade was completed in 2023. The building was formerly a Denny’s, and it is described as being positioned for flexible reuse.

The site offers visibility and access along Richmond Avenue and is located directly adjacent to Emerald Acres Sports Connection. That new indoor/outdoor sports complex is projected to draw over 580,000 annual visitors and generate $23.8 million in direct economic impact.

Positioned within Mattoon’s primary trade corridor, the surrounding area includes Walmart, Rural King, Dollar General, Marshalls, Jo-Ann Fabrics, Dunham’s Sports, and additional retail and restaurant development that includes Chick-fil-A, Chipotle, and Panda Express.

Key Highlights

  • Freestanding 5,800 SF restaurant building on 1.22 acres at 224 Richmond Avenue East in Mattoon, IL
  • Former Denny’s positioned for flexible reuse, including QSR or national restaurant concept use
  • Full renovation completed in 2016

Property Analytics

Location Intelligence

Current Use by Public Records

Denny's Restaurant The Meltdown Restaurant

Suggested Use

Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store HVAC Service Spa & Massage Center Kitchen & Bath Showroom Storage Facility Grocery & Convenience Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Freestanding restaurant building renovated in 2016, with parking lot upgrades completed in 2023.
Where is this conventional restaurant located?
The property is located at 224 Richmond Ave E Mattoon, IL.
What are key features of this property?
This property features: Freestanding 5,800 SF restaurant building on 1.22 acres at 224 Richmond Avenue East in Mattoon, IL; Former Denny’s positioned for flexible reuse, including QSR or national restaurant concept use; Full renovation completed in 2016
Contact an agent
(310) 909-5500 Call to check price and availability
More about this property
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