Retail

Marshall, IL Retail Space for Sale

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Dennison, IL Martinsville, IL Paris, IL Terre Haute, IN Sullivan, IN West Terre Haute, IN Casey, IL Kansas, IL
Former Restaurant Across From Mill Creek
Updated: Jan 26
Former Restaurant Across From Mill Creek

11489 E Clarksville Rd, Marshall, IL 62441

$179,500
1.09 AC lot
Prime location across from Mill Creek Lake and Park.
Established restaurant with a 20+ year history.
Over 1 acre of land with 50+ parking spaces.
Seating capacity for up to 70 diners.
Multiple revenue streams: restaurant, bait store, propane exchange, and camper/trailer hook‑up.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Marshall, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Commercial Property
Mixed-Use Commercial Property

848 W Johnson Drive, Terre Haute, IN 47802

$925,000
2.00 AC lot

Includes an established entertainment business, rental space, residential quarters, and additional commercial suites.

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Three-Storefront Retail Property
Three-Storefront Retail Property

1512 S Main St, Paris, IL 61944

Contact for pricing
4,536 sqft

Commercial zoning and separate entrances support a flexible multi-tenant layout for retail or office occupancy.

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Freestanding Retail Store Opportunity
Freestanding Retail Store Opportunity

50 W Honey Creek Pkwy, Terre Haute, IN 47802

Contact for pricing
45,947 sqft 3.38 AC lot

Freestanding Ollie’s Bargain Outlet on 3.38 acres with highway visibility along U.S. Highway 41.

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Freestanding Retail-Office Building
Freestanding Retail-Office Building

211 2 Central Ave., Paris, IL 61944

Contact for pricing

Freestanding building offers an open floor plan and ample off-street parking at a signalized intersection.

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Marshall, IL Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Marshall, IL on our real estate platform.

Sale prices for retail space in Marshall, IL average $179,500 — 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 1

Demographics Overview

Population 6,841
Population Growth (5Y) +0.8%
Median Household Income $80,218
College Educated 44.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62441 $339.8K

Taxes & Financing

Tax Rate (average for all types) 5.67%
Property Tax per SF $34.61 per SF
Tax Rate vs County Average 1.11 pp below county avg
Average Loan-to-Value 65.0%

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