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Spacious Retail Property with Living

712 Lake Land Blvd, Mattoon, IL 61938

For Sale
Contact for pricing

Large retail space with living quarters and ample storage.

Property Size7,784 SF
Price / SF$56.40
Days on Market235

Property Features for 712 Lake Land Blvd

General Information

Standard status Active
Size 7,784 SF
Property subtype Retail
Zoning C3

Building Details

Year Built 1900
Buildings 1
Stories 2
Listing Agency: Coldwell Banker Classic Real Estate
Listed By: Michael Staton · License IL #471018366
Source: Crexi
Added: Mar 20 Changed: Nov 5 Last Checked: Nov 8 at 6:25AM

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 Classic Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property features approximately 7784 square feet of space under roof. It offers ample parking and overhead doors. The property includes living quarters and significant storage capacity. The current intended use is for retail purposes, presenting an opportunity to continue the existing business.

Key Highlights

  • Almost 8000 SQ FT under roof.
  • Includes living quarters.
  • Business opportunity: Current owners retiring.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

U-Haul Neighborhood Dealer Car Rental Facility Elliott Furniture Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience 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

756
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Retail space - Large retail space with living quarters and ample storage.
Where is this retail space located?
The property is located at 712 Lake Land Blvd Mattoon, IL.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Almost **8000 SQ FT under roof.**; Includes living quarters.; Business opportunity: Current owners retiring.
(217) 317-0023 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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