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402 Richmond Ave Mattoon, IL 61938

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1,806 SF Bank Building, 1.6 Acres

Lot size:
1,806 SF

Property Features for 402 Richmond Ave

General Information

Property type
Individual retail properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
1,806 SF

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at 402 Richmond Ave, Mattoon, IL 61938 Contact us

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Listing Contact
Alex Justice
Alex Justice

Listing Agency: Goodman Real Estate Services Group LLC Listing Agent: Alex Justice

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This 1,806 square foot former US Bank building sits on a 1.6-acre lot in Mattoon, Illinois, at 402 Richmond Ave E, zip code 61938. Ideally located across from Cross County Mall, anchored by major retailers including Rural King, Marshalls, JOANN, and Dunham's Sports, this property benefits from high visibility and significant foot traffic. The Cross County Mall serves as the primary shopping destination for the Charleston-Mattoon Micropolitan Statistical Area, boasting a trade area population of 101,319. Further enhancing its appeal, the property is situated directly across from the new Emerald Acres Sports Connection, a $100 million indoor and outdoor sports complex projected to attract 580,000 visitors annually, generating $23.8 million in direct spending and 59,000 hotel room nights. This strategic location on Richmond Avenue places the property between Mattoon's commercial district and its residential areas, maximizing exposure to both consumer bases. The strong regional draw of this market, extending up to 30 miles in all directions, is poised for further expansion with the opening of Emerald Acres Sports Connection, potentially attracting visitors from cities such as Chicago, Indianapolis, and St. Louis. The property is a single-tenant building with 1,806 square feet of vacant space, offering a unique opportunity for a variety of retail uses. Coles County location.
Property Profile 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
-88.3448481737
Latitude
39.484890611766

FAQs

What type of property is this?
Individual retail property - 1,806 SF Bank Building, 1.6 Acres
Where is this individual retail property located?
The property is located at 402 Richmond Ave Mattoon, IL.
What are key features of this property?
This property features: 1,806 SF former bank building on a 1.6-acre lot in Mattoon, IL (61938).; High-visibility location across from Cross County Mall, anchored by major retailers.; Directly across from the new Emerald Acres Sports Complex, projected to draw 580,000 annual visitors.
More about this property
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