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237 Commercial St 2,328 SF Industrial Building Marseilles, IL 61341 $430,000 ($184.71/SF)

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Investment Highlights

Prime CBD Location with Drive-Up Window Just one block off Marseilles’ main drag with strong visibility and easy access.
Constructed in 2013, dual 200-amp services, two HVAC units, ADA restrooms, & drive up window

Flexible 2,400 SF Building on 1.61 Acres with side lot included for future use, extra parking or many other uses

Executive Summary

Prime commercial opportunity in the heart of Marseilles! This well-built 2,400 sq ft building, offered for the first time, sits just one block off the main drag in the Central Business District. Zoned M-Manufacturing, the property offers incredible flexibility for a variety of uses - restaurant, retail, office, or service-based business. Constructed in 2013, the building features a solid wood frame with brick veneer exterior on a slab foundation and a truss roof system with shingles. Inside, you'll find a layout originally designed for a Subway restaurant, including a dining area, kitchen and prep space, order counter, and two ADA-compliant restrooms. Additional rooms include an office, mudroom, and utility area. The property also offers two 200-amp electrical services, two HVAC units, direct and indirect lighting, and a convenient drive-up window. Sitting on 1.61 acre with frontage along Commercial Street, this property is ideally located near the Illinois River, Illini State Park, and just minutes from Starved Rock Country and Heritage Harbor. Endless potential, excellent visibility, and a prime location - don't miss this opportunity to bring your business vision to life!

Property Facts

Price	$430,000	Lot Size	1.58 AC
Price Per SF	$184.71	Rentable Building Area	2,328 SF
Sale Type	Investment or Owner User	No. Stories	1
Property Type	Industrial	Year Built	2013
Property Subtype	Service	Tenancy	Single
Building Class	C	Parking Ratio	2.08/1,000 SF

Price	$430,000
Price Per SF	$184.71
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Service
Building Class	C
Lot Size	1.58 AC
Rentable Building Area	2,328 SF
No. Stories	1
Year Built	2013
Tenancy	Single
Parking Ratio	2.08/1,000 SF

Major Tenants

Accommodation and Food Services
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Subway is a global quick-service restaurant brand known for its customizable submarine sandwiches and widespread franchised business model. Founded in 1965, the company has grown into one of the world’s largest restaurant chains by unit count, operating tens of thousands of locations across more than 100 countries. Following its sale to Roark Capital in 2024, Subway entered a new phase of operational restructuring and brand modernization. In July 2025, Jonathan Fitzpatrick, a seasoned executive with prior leadership roles at Driven Brands and Burger King, was appointed CEO to guide the company through this transition. The brand has faced significant market shifts over the past decade, including increasing competition, evolving consumer expectations, and declining U.S. sales, prompting renewed investments in menu upgrades, digital ordering, and organizational realignment. Subway remains privately held under Roark Capital’s ownership, with ongoing efforts to strengthen franchisee support and improve systemwide performance as it works toward revitalizing its global footprint.