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1400 Charleston Ave 23,562 SF Retail Building Mattoon, IL 61938 $700,000 ($29.71/SF)



Investment Highlights
- NEW SEVEN-YEAR SALE LEASEBACK ON GROUND FLOOR OF BUILDING
- OVERSIZED 1.35-ACRE LOT & AMPLE PARKING – 75 STALLS
- PROXIMITY TO I-57 & AMTRAK STATION
- FAVORABLE COLES COUNTY TAXES
Executive Summary
National Investment Grade Tenant in the building. Sale Lease back opportunity.
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Bank
Building Size
23,562 SF
Building Class
B
Year Built
1990
Price
$700,000
Price Per SF
$29.71
Tenancy
Single
Building Height
2 Stories
Building FAR
0.53
Lot Size
1.03 AC
Parking
75 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
150’ on Charleston Ave
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-1-04170-000 | Improvements Assessment | $331,044 |
| Land Assessment | $185,956 | Total Assessment | $517,000 |
Property Taxes
Parcel Number
07-1-04170-000
Land Assessment
$185,956
Improvements Assessment
$331,044
Total Assessment
$517,000
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1400 Charleston Ave
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