Log In/Sign Up
224 E Richmond Ave
Mattoon, IL 61938
Former Denny's - Repositioning Opportunity · Retail Property For Sale
Investment Highlights
- Positioned on a ±1.22-Acre Lot with Direct Frontage Along Richmond Ave E — High Visibility and Easy Access in a Well-Trafficked Corridor
- Flexible Use Potential — Ideal for a Restaurant Operator, National QSR Brand, or Alternate Commercial Use
- Motivated Seller — Ideal for Owner-Users or Investors Seeking a Value-Add Asset
- ±5,800 SF Freestanding Building, Recently Renovated in 2016 with a Parking Lot Upgrade Completed in 2023
- Opportunity to Operate Existing Denny’s, Rebrand to a New Concept, or Lease Out for Passive Income
- Located Adjacent to Emerald Acres Sports Connection — a Newly Developed $100 Million Indoor/Outdoor Sports Complex
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,525 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.02 AC
Zoning
C-2 - Commercial
Parking
34 Spaces (5.21 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Signage
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 06-0-04408-000 | Improvements Assessment | $387,146 |
| Land Assessment | $44,261 | Total Assessment | $431,407 |
Property Taxes
Parcel Number
06-0-04408-000
Land Assessment
$44,261
Improvements Assessment
$387,146
Total Assessment
$431,407
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
