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Property profile & analytics

589 State Hwy 146 Hwy McClure, IL 62957

  • Retail properties
Value Estimation
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 589 State Hwy 146 Hwy

Property type
Retail properties
Property subtype
Office Properties & Spaces

Description

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.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
McClure
County
Alexander
State
Illinois
Longitude
-89.4981
Latitude
37.2949
More about this property
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