Mary Todd's Hallmark/Gift Shop
19,554 SF | Retail Building | Lincoln, IL 62656 | $699,000 ($36/SF)
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $699,000
- Property Type
-
Retail
- Square Feet
- 19,554 SF
- Price / Square Foot
- $36
Listing Contacts
AJ Speasl
Verified Profile
Jill Spratt
Verified Profile
- Property Info
Property Overview
Owner Operator Opportunity- Have you ever dreamed of owning your own gift store? This mixed-use commercial building has the desirable architectural character that's perfect for small town local businesses. The all brick, 1900s era building on Broadway currently hosts 2 retail storefronts occupied by Mary Todd’s Hallmark and Copper Penny. There are three fully leased residential units that occupy the 2nd level with an opportunity to make a 4th Apartment, and an additional leasable storage space sits to the rear of the property.
Lincoln, IL is a thriving community along the historic Route 66. The local commercial district benefits from a number of iconic stops along the "Mother Road" to draw in commerce beyond the local community. 608-612 E Broadway is currently zoned C1, which allows a host of allowable uses including retail, residential, restaurant, and salon spaces. Lincoln services many surrounding rural communities, with strong retail, healthcare, and dining sectors. Substantial commercial and residential traffic flow through the downtown district, and with nearby Route 55 and Route 66 - the town also hosts national and local businesses such as Cracker Barrel, Jimmy Johns, Walmart, the Lincoln Speedway, and the Logan County Airport to draw a broad cross-section of visitors to the area.
Throughout the year the town also hosts a variety of events including the Logan County Fair, downtown 3rd Fridays, and local vendor markets.
Franchise rights to be included in the sale, or purchase of franchise with lease-back option is also available.
Lincoln, IL is a thriving community along the historic Route 66. The local commercial district benefits from a number of iconic stops along the "Mother Road" to draw in commerce beyond the local community. 608-612 E Broadway is currently zoned C1, which allows a host of allowable uses including retail, residential, restaurant, and salon spaces. Lincoln services many surrounding rural communities, with strong retail, healthcare, and dining sectors. Substantial commercial and residential traffic flow through the downtown district, and with nearby Route 55 and Route 66 - the town also hosts national and local businesses such as Cracker Barrel, Jimmy Johns, Walmart, the Lincoln Speedway, and the Logan County Airport to draw a broad cross-section of visitors to the area.
Throughout the year the town also hosts a variety of events including the Logan County Fair, downtown 3rd Fridays, and local vendor markets.
Franchise rights to be included in the sale, or purchase of franchise with lease-back option is also available.
Property Details
- Class
- C
- Year Built
- 1900
- Stories
- 2
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 9,148 SF
Highlights
- Additional Rental Income from apartments and other commercial tenant
- Historic Building With Appealing Charm and Character
- Property is Located in a busy downtown corridor with local coffee shops, restaurants, retailers, and salons
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