Retail

Centralia, IL Retail Properties & Spaces for Sale

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Sandoval, IL Odin, IL Salem, IL
Established Restaurant Opportunity
Updated: Aug 1, 2025
Established Restaurant Opportunity

1077 W Broadway, Centralia, IL

$2,263,500
2,070 sqft · 36.44 AC lot
Top performing location with a healthy, sub‑5% rent‑to‑sales ratio in 2024.
Franchisee is an affiliate of Flynn Restaurant Group, the largest franchise operator in the U.S.
Flynn Restaurant Group operates nearly 2,800 QSR/restaurant units.
Flynn Restaurant Group operates multiple major brands including Taco Bell, Pizza Hut, Arby’s, Wendy’s, Applebee’s and Panera Bread.
Flynn Group operates 35+ Planet Fitness locations.
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Retail Investment Opportunity
Updated: Mar 5
Retail Investment Opportunity

1301-1309 W. Broadway, Centralia, IL 62801

$3,818,473
National Grade Tenant: Dollar Tree (S&P: BBB-) provides stable income.
Located in a dense retail corridor with retailers including Walmart, Big Lots, AutoZone, ALDI, Schnucks, Ace Hardware, McDonald's, & More.
Essential Retailer: Internet, Pandemic, and Recession Proof Tenancy.
Strong Demos: High population density within 1 and 3 mile radii.
Constructed in 2017 with a modern facade and new roof with 20‑year warranty.
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Commercial Property with High Visibility
Commercial Property with High Visibility

803 E BROADWAY Street, Centralia, IL 62801

$79,900
3,155 sqft

Two commercial units in high-traffic area, great investment opportunity.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 3 Active listings in Centralia, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property in Downtown Carlyle
Mixed-Use Property in Downtown Carlyle

1031 Fairfax Street, Carlyle, IL 62231

$210,000
3,228 sqft · 0.15 AC lot

Two-story mixed-use property with bar/grill and updated apartment.

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Automotive Shop Building with Paint Booth
Automotive Shop Building with Paint Booth

225 S Marshall Street, Salem, IL 62881

$45,000
0.35 AC lot

Commercial shop building with side garage doors, a small office space, and an existing full-sized paint booth.

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Retail/Office Building in Salem
Retail/Office Building in Salem

207 E MAIN Street, Salem, IL 62881

$86,500
2,700 sqft · 0.08 AC lot

Retail/office building in Salem's business district with Main Street frontage.

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Retail Space in Carlyle, Illinois
Retail Space in Carlyle, Illinois

567 12th St, Carlyle, IL 62231

$1,071,000
2,550 sqft

Retail space available in Carlyle, Illinois, near Carlyle Lake.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

2.61-Acre Commercial Parcel For Sale
2.61-Acre Commercial Parcel For Sale

200 North Brooks Avenue, Centralia, IL 62801

$530,000
2.61 AC lot

2.61-acre commercial parcel in B-3 district with high traffic.

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Development Land Along Interstate
Development Land Along Interstate

207 & 301 N 44TH ST, Mount Vernon, IL 62864

$1,215,000
4.86 AC lot

4.86 acres of development land with interstate frontage.

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Commercial Lot in Residential Area
Commercial Lot in Residential Area

1520 South Mill Street, Nashville, IL 62263

Contact for pricing
13,068 sqft

0.3-acre commercial lot suitable for various uses.

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B-2 Zoned Development Parcel
B-2 Zoned Development Parcel

1526 Perkins Ave, Mount Vernon, IL 62864

Contact for pricing
0.17 AC lot

B-2 secondary business lot in Mount Vernon, IL, suited for retail, office, or service development.

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Off-Market Properties in Centralia, IL

Consider similar Off-Market properties in Centralia, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

904 Elm St
COMMERCIAL (GENERAL)

904 Elm St, Centralia, IL 62801-2326

Value Estimation by Request
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1309 Broadway
Lifestyle centers

1309 Broadway, Centralia, IL 62801

Value Estimation by Request
32,342 sqft
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1320 Mccord St
Retail properties & Spaces

1320 Mccord St, Centralia, IL 62801

Value Estimation by Request
2,200 sqft · 0.53 AC lot
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1310 Walton Way
Restaurants

1310 Walton Way, Centralia, IL 62801

Value Estimation by Request
1,424 sqft · 0.74 AC lot
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115 Hickory St
Flex space

115 Hickory St, Centralia, IL 62801

Value Estimation by Request
View details
1235 Broadway St
Retail properties & Spaces

1235 Broadway St, Centralia, IL 62801

Value Estimation by Request
View details
104 Pine St
Medical Office Space

104 Pine St, Centralia, IL 62801

Value Estimation by Request
View details

Centralia, IL Retail Properties & Spaces Market Trends and Statistics

Explore 10 retail properties & spaces for sale in Centralia, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,225 square feet of properties for sale, with an estimated market value of $2,343,400.

Sale prices for stores in Centralia, IL start at $79,900, averaging $1,171,700, and reaching up to $2,263,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 7

Demographics Overview

Population 20K
Population Growth (5Y) -7.0%
Median Household Income $53,740
College Educated 21.5%

High-Yield Neighborhoods for Investment

Identify Centralia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62801 $1.9M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

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