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Investment Highlights

  • Building Fully Rebuilt in 2021 - modern layout and systems
  • Immediate I-57 Access (Exit 190B) less than 0.5 miles away
  • Strong neighboring national and regional retailers
  • High Visibility Corner Location at Route 16 & Swords Dr
  • Unmatched Exposure to Emerald Acres Sports Connection

Executive Summary

Now available for sale is a high-profile, freestanding quick-service restaurant building located at 1209 Broadway Avenue East (IL Route 16) in Mattoon, Illinois. Formerly operated by Wendy’s, this recently reconstructed building (2021) sits on a prominent 1.35-acre corner parcel with direct visibility and signage along one of the region’s most heavily traveled east–west corridors. The property includes existing drive-thru infrastructure, fully-equipped and remodeled interior, ample parking, and exceptional frontage ideal for food service, fast casual, or conversion to a new retail concept. The parcel can be subdivided and developed into two tenant lots. Another large section of ground on the north side of this property is scheduled for development bringing more retail growth to this node as well.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,198 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.35 AC
Zoning
C4 - Commercial General
Parking
44 Spaces (13.76 Spaces per 1,000 SF Leased)
Frontage
79’ on Broadway Ave E

Amenities

  • Pylon Sign
  • Restaurant
  • Signalized Intersection
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Wendy's began in 1969 when Dave Thomas opened the first location in Columbus, Ohio. The chain became known for its square hamburger patties and signature Frosty desserts. Over time, Wendy's expanded internationally through franchising. Today, the restaurant operates thousands of locations worldwide while maintaining its focus on quick-service fast food. Wendy's continues building its global presence through both company-owned and franchised restaurant models.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,198 SF
  • Restaurant
  • -
  • Now

Now available for lease is a high-profile, freestanding quick-service restaurant building located at 1209 Broadway Avenue East (IL Route 16) in Mattoon, Illinois. Formerly operated by Wendy’s, this recently reconstructed building (2021) sits on a prominent 1.35-acre corner parcel with direct visibility and signage along one of the region’s most heavily traveled east–west corridors. The property includes existing drive-thru infrastructure, fully-equipped and remodeled interior, ample parking, and exceptional frontage ideal for food service, fast casual, or conversion to a new retail concept.

Space Size Space Use Position Available
1st Floor 3,198 SF Restaurant - Now

1st Floor

Size
3,198 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 3,198 SF
Space Use Restaurant
Position -
Available Now

Now available for lease is a high-profile, freestanding quick-service restaurant building located at 1209 Broadway Avenue East (IL Route 16) in Mattoon, Illinois. Formerly operated by Wendy’s, this recently reconstructed building (2021) sits on a prominent 1.35-acre corner parcel with direct visibility and signage along one of the region’s most heavily traveled east–west corridors. The property includes existing drive-thru infrastructure, fully-equipped and remodeled interior, ample parking, and exceptional frontage ideal for food service, fast casual, or conversion to a new retail concept.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Starbucks
Buffalo Wild Wings
Cracker Barrel Old Country Store
Freddy's Frozen Custard & Steakburgers
Steak ‘n Shake
Woodforest National Bank
First Mid Bank
U.S. Bank
Texas Roadhouse
Denny's

Property Taxes

Property Taxes

Parcel Number
06-0-00582-000
Land Assessment
$250,203 CAD
Improvements Assessment
$754,171 CAD
Total Assessment
$1,004,374 CAD
  • Listing ID: 40320792

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 1209 Broadway Ave E, Mattoon, IL 61938

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