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Mixed Use Property 608 Broadway St 21,000 SF 69% Leased Retail Building Lincoln, IL 62656 $599,900 ($28.57/SF)

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Executive Summary

Unique mixed-use investment opportunity in the heart of Lincoln, Illinois. This attractive all-brick building, dating back to the early 1900s, offers the historic character and charm that make downtown properties highly desirable.The property features two retail storefronts on the main level, including one occupied by The Copper Penny and one vacant space available for an owner-user or new tenant. The second floor consists of three fully leased residential apartments, with the potential to add a fourth unit. An additional storage space at the rear of the property provides further income potential.Located along historic Route 66, the property benefits from both local and visitor traffic. Zoned C-1, it supports a variety of uses, including retail, restaurant, office, salon, and residential. With a mix of existing income, value-add potential, and a prime downtown location, this property presents an excellent opportunity for investors and owner-occupants alike. Not all contents will be sold with the building.

608-612 Broadway, Lincoln Brochure

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront

Building Size

21,000 SF

Building Class

Year Built

1900

Price

$599,900

Price Per SF

$28.57

Percent Leased

69%

Tenancy

Multiple

Building Height

3 Stories

Building FAR

2.30

Lot Size

0.21 AC

Zoning

C-1

Major Tenants

Retailer
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