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Former US Bank 402 Richmond Ave E 1,806 SF Retail Building Mattoon, IL 61938 For Sale

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Investment Highlights

  • Located across from the Cross County Mall, anchored by Rural King, Marshalls, JOANN, and Dunham’s Sports

Executive Summary

AVAILABLE: 1,806 SF former bank building on 1.6 AC located across from the Cross County Mall, anchored by Rural King, Marshalls, JOANN, and Dunham’s Sports
The Cross County Mall is the primary shopping destination in the Charleston-Mattoon Micropolitan Statistical Area, which has a trade area population of 101,319
Emerald Acres Sports Connection, a new $100 M indoor and outdoor sports complex, is located across the street and is projected to draw 580,000 visitors and generate $23.8 M in direct spending and 59,000 hotel room nights on an annual basis
Positioned on Richmond Avenue between the area’s commercial district and the residential population of Mattoon
This market and Rural King draw from up to 30 miles in all directions and will expand its draw as far as to cities such as Chicago, Indianapolis, and St. Louis with the opening of Emerald Acres Sports Connection

IN CONJUNCTION WITH
Century 21 KIMA Properties

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
1,806 SF
Year Built
1982
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.60 AC
Zoning
C-3 - Commercial
Parking
15 Spaces (8.31 Spaces per 1,000 SF Leased)
Frontage
92’ on Richmond Avenue

Amenities

  • Pylon Sign
  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,806 SF
  • Retail
  • Outparcel
  • Now
Space Size Space Use Position Available
1st Floor 1,806 SF Retail Outparcel Now

1st Floor

Size
1,806 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 1,806 SF
Space Use Retail
Position Outparcel
Available Now

Nearby Major Retailers

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

Property Taxes

Property Taxes

Parcel Number
06-0-04410-000
Land Assessment
$99,770 CAD
Improvements Assessment
$10,754 CAD
Total Assessment
$110,524 CAD
  • Listing ID: 32421306

  • Date on Market: 2024-07-11

  • Last Updated:

  • Address: 402 Richmond Ave E, Mattoon, IL 61938

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