515 Water St, Pinckneyville, IL 62274-1009
This exceptional 9,440 square foot commercial property located at 515 W Water Street, Pinckneyville, IL, presents a remarkable investment opportunity. The building has served as Mann's Sporting Goods for over 75 years, establishing a strong presence in the heart of Pinckneyville. The main building boasts a spacious 3,200 square foot showroom, ideally suited for retail gun sales and ammunition, complete with display cases. A dedicated gunsmith shop is also included. A full walk-out basement provides ample storage and features a convenient back loading dock. Adding to the property's versatility is a separate 40 x 30 metal pole building with concrete flooring and electricity, perfect for additional storage or expansion. The main building also includes large display windows, a dedicated office space, and upper-level living quarters, offering flexibility for various uses. There is also an area designated for expansion. All remaining inventory is included in the sale price of $150,000. This is a rare chance to acquire a well-established business and a substantial property in a desirable location. Don't miss this opportunity to own a piece of Pinckneyville's history and secure a thriving future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.