Back to Search
Former Bank Building Near Mall

402 Richmond Ave E Mattoon, IL 61938

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

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

Property Size1,806 SF
Lot Size1.60 Acres
Days on Market740

Property Features for 402 Richmond Ave E

General Information

Standard status
Active
Size
1,806 SF
Lot size
1.60 Acres
Property subtype
Retail
Listing Agency Goodman Real Estate Services Group LLC
Listed by Alex Justice · License #OH SAL.2016002090
Source Crexi
Added: Jul 11, 2024 Updated: Jul 10 at 11:18 am Checked: Jul 19 at 5:19 am

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


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

ATM (U.S. Bank) Atm

Suggested Use

Real Estate Agency Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Hair Salon Daycare Center Locksmith Barber Shop (Bike/Boat/Book/etc) Store

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

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.
Contact an agent
(216) 381-8200 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message