1512 Marion Ave Mattoon, IL 61938-5345
- Commercial real estate
- 1.63 lot acres
Sep 03, 2024
Current Use by Public Records
- Mark's My Store / Supermarket
Property Details for 1512 Marion Ave
- Lot size
- 1.63 lot acres
- Property type
- Commercial real estate
- APN
- 07-1-06258-000
- APU
- 7106258000
Description
Own this established 18,762 sq ft grocery store in Mattoon, Illinois. Located on a 1.63-acre lot at 1512 Marion Ave (APN 1313384011), this fee simple property offers significant value-add potential. The store features a renowned meat selection, attracting a loyal customer base. With ample space, there's room to expand offerings and increase revenue by adding services like check cashing, lottery, or additional food items. The asking price is $1,250,000 ($66.62/sq ft). This is a rare opportunity to acquire a profitable business with significant growth potential in a desirable location. The property is zoned commercial and includes one building with 18,762 net rentable square feet. This owner/user investment presents a unique chance to capitalize on a well-established business and its prime location within the Mattoon community. The property's size and existing customer base provide a solid foundation for future expansion and increased profitability. Don't miss this chance to own a thriving grocery store with real estate.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $935,000
- ML approach
- $935,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mattoon
- County
- Coles
- State
- Illinois
- Longitude
- -88.3731
- Latitude
- 39.4764
- CBSA code
- 16660
- CBSA name
- CHARLESTON-MATTOON, IL MICROPOLITAN STATISTICAL AREA