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402 Richmond Ave E Mattoon, IL 61938

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1,806 SF former bank building on 1.6 AC for sale.

Type:Retail
Property size:
1,806 SF
Lot size:
1.60 Acres
Added:
Jul 11, 2024
Days on Market:
648
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 402 Richmond Ave E

General Information

Standard status
Active
Size
1,806 SF
Lot size
1.60 Acres
Property subtype
Retail

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Listing Contact
Alex Justice

Listing agent Alex Justice License #OH SAL.2016002090

Listing office Goodman Real Estate Services Group LLC

Listing date Jul 11, 2024

Source Crexi

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 Goodman Real Estate Services Group LLC


Overview

Former Bank Building Near Mall

The property is an 1,806 square-foot former bank building situated on a 1.6-acre lot. It is located across from the Cross County Mall, which is anchored by Rural King, Marshalls, JOANN, and Dunham’s Sports. The Cross County Mall serves as the primary shopping destination in the Charleston-Mattoon Micropolitan Statistical Area, encompassing a trade area population of 101,319. The property is positioned on Richmond Avenue E, between the area’s commercial district and the residential population of Mattoon. A new $100 million indoor and outdoor sports complex, Emerald Acres Sports Connection, is located across the street. This complex is projected to attract 580,000 visitors annually and generate $23.8 million in direct spending, along with 59,000 hotel room nights. The market and Rural King draw customers from up to 30 miles in all directions and are expected to expand their reach to cities such as Chicago, Indianapolis, and St. Louis with the opening of Emerald Acres Sports Connection.
Location Intelligence

Current Use by Public Records

ATM (U.S. Bank) Atm

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Mattoon
County
Coles
State
Illinois
Longitude
-88.3577047
Latitude
39.4853044

FAQs

What type of property is this?
Bank - 1,806 SF former bank building on 1.6 AC for sale.
Where is this bank located?
The property is located at 402 Richmond Ave E Mattoon, IL.
What are key features of this property?
This property features: High‑traffic location across from Cross County Mall, a primary shopping destination.; Proximity to Emerald Acres Sports Connection, a $100M sports complex projected to draw significant visitors and spending.; Large 1.6 AC lot provides ample space for various uses.
More about this property
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