811 Franklin AveSesser, IL 62884

For Sale
$250,000

8,125 SF Vacant Storefront, Value-Add

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional value-add opportunity presents a 8,125-square-foot vacant storefront located at 811 E Franklin Ave, Sesser, IL 62884. Formerly occupied by Dollar General, this single-story building, constructed in 1998, sits on a 0.74-acre lot and boasts 28 parking spaces. The property features a recently installed new roof and is situated on a main retail corridor, benefiting from high visibility and proximity to other established businesses including a new Dollar General location, demonstrating the area's strong retail potential. Neighboring businesses include Anchor Grille, Jeffrey Minor Dentistry, and Debutante Beauty Salon. The property's strategic location near Rend Lake and Rend Lake College (enrollment 2,017 students in 2022-2023) ensures consistent traffic and a diverse customer base. The asking price is $250,000, representing $30.77 per square foot. The property is zoned commercial and offers significant potential for lease income generation exceeding current market rates. The building's excellent condition and prime location make it an ideal investment for savvy buyers seeking a strong return on investment. The property is offered fee simple with APN 0113283004. The previous tenant, Dollar General, occupied the space for an extended period, renewing their lease multiple times before relocating to a larger space nearby, highlighting the area's retail viability.

Highlights

  • $300,000 list price; $9.31 per land square foot; $36.92 per building square foot.
  • 8,125 square foot building, built in 1998, formerly leased to Dollar General; tenant renewed lease multiple times before relocating to a larger space nearby.
  • Value-add opportunity with potential for above-market lease income.
  • Recently vacated; well-maintained with a new roof; lease expired 7/31/2024.
  • Located on a main retail corridor with neighboring businesses including Dollar General, Anchor Grille, Jeffrey Minor Dentistry, and Debutante Beauty Salon.
  • Proximity to Rend Lake increases traffic due to recreational activities.

Property Details for 811 Franklin Ave

Property type
Other retail properties, Individual retail properties
Square Feet
8,125 SF
Year Built
1998
Buildings
1
Stories
1
Lot Size (sq. ft)
32,234 SF
Units
1

Location Insight

City
Sesser
County
Franklin
State
Illinois
Latitude
38.0912589
Longitude
-89.0404052
811 Franklin Ave, Sesser, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
811 Franklin Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message