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Three-Suite Retail Building
New
For Sale
$189,900

300 N Wood River Avenue, Wood River, IL 62095

B-1 Neighborhood Business zoning and separately metered suites support flexible leasing arrangements.

Property SizeContact for details
Days on Market6

Property Features for 300 N Wood River Avenue

General Information

Standard status Active
Property subtype Retail
Zoning B-1

Site & Location

Corner Location Yes
Traffic Count 7,300 vehicles/day
Utilities to Site Yes

Building Details

Year Built 2002
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Brown, Realtors Edwardsville
Listed By: Linda Shaffer · License #475131852
Source: Cbcworldwide
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 12 at 4:40PM

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 Coldwell Banker Commercial Brown, Realtors Edwardsville

Investment Insights

Based on property information with market context.

This retail property contains three distinct spaces, each with its own electric meter. Built in 2002, the building is zoned B-1 Neighborhood Business, supporting its retail-oriented configuration.

The property occupies a corner location on N Wood River Avenue in Wood River, Illinois. Reported traffic counts range from 5,500 to 7,300 vehicles per day. The address is also known as 300 West Penning.

Key Highlights

  • Three separate spaces available for lease
  • Individual electric meters serve all three spaces
  • B‑1 Neighborhood Business zoning

Property Analytics

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Current Use

Big Daddy's BBQ Restaurant Terry's MINI MALL Department Store

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Catering Service

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

7,300 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

Demographics for 62095, IL

11,060
Population
5,186
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
1,558
Density / Sq Mi
$66,641
Median Household Income
$41,932
Median Earnings
$919
Median Rent
$106,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Retail space - B-1 Neighborhood Business zoning and separately metered suites support flexible leasing arrangements.
Where is this retail space located?
The property is located at 300 N Wood River Avenue Wood River, IL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Three separate spaces available for lease; Individual electric meters serve all three spaces; B‑1 Neighborhood Business zoning
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