Former Bank Building For
For Lease
Contact for pricing
402 Richmond Ave E, Mattoon, IL 61938
1,806 SF former bank building across from Cross County Mall.
Space Size1,806 SF
Lot Size1.60 Acres
Days on Market1277
Property Features for 402 Richmond Ave E
General Information
Standard status
Active
Size
1,806 SF
Lot size
1.60 Acres
Property subtype
Retail
Building Details
Building Size
1,806 SF
Tenancy
Single
Spaces For Lease
at 402 Richmond Ave E Contact us- Size
- 1,806 SF
- Type
- Retail
- Availability
- Active
Available Space
Listing Agency:
Goodman Real Estate Services Group LLC
(216) 381-8200
Listed By:
Alex Justice · License #OH SAL.2016002090
Source:
Crexi
Added: Mar 2, 2023
Changed: Aug 17
Last Checked: Aug 29 at 10:41AM
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.
This 1,806 square foot former bank building is available for rent. It is situated on a 1.6-acre lot 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, with a trade area population of 101,319. The property is positioned on Richmond Avenue E, located between the area’s commercial district and the residential areas 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
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - 1,806 SF former bank building across from Cross County Mall.
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.
