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430 W State St
Charleston, IL 61920
Retail Property For Sale
Investment Highlights
- Excellent road frontage with strong visibility along Old Route 316
- Includes full kitchen and bar setup with an operational drive-through window
- Outdoor storage shed offering additional space for business needs
- Ample on-site parking with an oversized lot for ease of access
Executive Summary
This commercial property at 430 W State Street in Charleston, Illinois presents a versatile investment opportunity on a highly visible corridor with a consistent traffic flow. Built in 2000, the 3,600-square-foot building sits on a generous 1.51-acre lot, offering ample space and operational flexibility. The layout includes a full kitchen and bar setup as well as a drive-through window, enabling adaptable configurations for a wide range of business models, including restaurant, café, or ventures incorporating gaming options.
The site benefits from updated mechanical systems, ensuring minimal near-term capital expenses for new ownership. Its oversized parking lot and outdoor storage shed add valuable utility to meet business demands. Positioned along Old Route 316, the property provides excellent frontage and access, contributing to strong visibility and connectivity within the local market. Attractively located within a community that draws steady traffic, this offering represents a distinctive opportunity for entrepreneurial or investment-oriented buyers seeking an adaptable commercial asset with strong operational features.
The site benefits from updated mechanical systems, ensuring minimal near-term capital expenses for new ownership. Its oversized parking lot and outdoor storage shed add valuable utility to meet business demands. Positioned along Old Route 316, the property provides excellent frontage and access, contributing to strong visibility and connectivity within the local market. Attractively located within a community that draws steady traffic, this offering represents a distinctive opportunity for entrepreneurial or investment-oriented buyers seeking an adaptable commercial asset with strong operational features.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,600 SF
Building Class
C
Year Built
2000
Price
$323,050 CAD
Price Per SF
$89.74 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
1.51 AC
Opportunity Zone
Yes
Zoning
Commercial
Property Taxes
| Parcel Number | 02-2-12325-000 | Improvements Assessment | $101,008 CAD |
| Land Assessment | $78,946 CAD | Total Assessment | $179,953 CAD |
Property Taxes
Parcel Number
02-2-12325-000
Land Assessment
$78,946 CAD
Improvements Assessment
$101,008 CAD
Total Assessment
$179,953 CAD
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