589 State Hwy 146 HwyMcClure, IL 62957

For Sale
$360,000

Illinois Commercial Property: Dance Hall, Retail, Office

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property in McClure, Illinois, presents a unique investment opportunity. Located at 589 State Highway 146, this property boasts a prime location on a four-lane highway, ensuring high visibility and accessibility. The existing building comprises approximately 25% retail and office space, and 75% dedicated to a well-established dance hall. The dance hall features a large bar, spacious open seating area, a sizable dance floor with a stage, multiple bathrooms, and several additional rooms suitable for kitchen facilities or other uses. The adaptable layout allows for potential expansion to a three-unit building. The property sits on a substantial land parcel, offering ample parking. This property is priced significantly below comparable properties across the river in Missouri. The asking price is $360,000. A potential package deal including an additional 10 acres with multiple buildings is also available. This presents a rare chance to acquire significant commercial land near Cape Girardeau, Illinois, making it an ideal investment for entrepreneurs seeking high-traffic exposure and versatile commercial space. The property's current configuration as a dance hall and retail space provides immediate income potential, while its adaptability allows for a wide range of future uses.

Highlights

  • High-visibility commercial property at 589 State Highway 146, McClure, IL.
  • Mixed-use building (25% retail/office, 75% established dance hall) with ample parking.
  • Dance hall features bar, large dance floor, stage, and multiple rooms.
  • Adaptable layout allows for expansion to a three-unit building.
  • $360,000 asking price; below market value compared to Missouri properties.
  • Potential package deal including an additional 10 acres with multiple buildings available.

Property Details for 589 State Hwy 146 Hwy

Property type
Other retail properties, Other office properties
Buildings
1

Location Insight

City
McClure
County
Alexander
State
Illinois
Latitude
37.2949331
Longitude
-89.4980994
589 State Hwy 146 Hwy, McClure, Illinois

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589 State Hwy 146 Hwy
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