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    1040 Walnut St Carbondale, IL 62901

    Sponsored
    For Lease
    Contact for pricing

    Freestanding building, 2300 sq ft

    Lot size:
    2,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,300 square foot freestanding commercial building is ideally situated at 1040 E. Walnut St in Carbondale, Illinois, 62901. The property offers a single-tenant occupancy opportunity within a vibrant retail and restaurant market. The building sits on a sizable 0.65-acre lot, providing ample space and visibility. Carbondale's strategic location at the intersection of Illinois Route 13 and US Route 51, coupled with its proximity to Southern Illinois University and major employers like SIH/Memorial Hospital and Walmart, ensures a strong customer base. The city's rich history and its position near the Shawnee National Forest contribute to a unique and attractive environment. This property presents a rare chance to establish a thriving business in a dynamic and growing community. The entire 2,300 square feet is currently vacant, offering immediate occupancy for a wide range of commercial uses. This location provides excellent access to major roadways and a substantial population base. The property's size and location make it an attractive investment opportunity for businesses seeking a prominent presence in Carbondale.

    Property Features for 1040 Walnut St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,300 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,300 SF

    HighLights

    • Captain D's sublease opportunity available in Carbondale, IL; current tenant operating.
    • 2,300 SF freestanding restaurant building with drive‑thru.
    • 0.65‑acre lot.
    • Signalized intersection of E. Walnut St. and N. Lewis Ln.
    • Excellent visibility; 29,600 VPD on Walnut and Main Streets.
    • Prime location in Carbondale's retail trade area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Captain D's Seafood Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.199389353105
    Latitude
    37.727520729184

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Restaurant - Freestanding building, 2300 sq ft
    Where is this restaurant located?
    The property is located at 1040 Walnut St Carbondale, IL.
    What are key features of this property?
    This property features: Captain D's sublease opportunity available in Carbondale, IL; current tenant operating.; 2,300 SF freestanding restaurant building with drive-thru.; 0.65-acre lot.
    Request Owner's contact information
    1040 Walnut St Carbondale, IL 62901
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    Carbondale, IL 62901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1040 Walnut St Carbondale, IL 62901
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