Mary Todd's Hallmark/Gift Shop

608-612 Broadway Street, Lincoln, IL 62656

  • For Sale $699,000
  • Property Type Retail - Street Retail
  • Property Size 21,000 SF
  • Property Tenancy Multi-Tenant
  • Date Updated Mar 6, 2024
Downtown Lincoln across from the Logan County CourthouseOwner 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • -Hallmark Business For Sale
  • -Additional Rental Income from apartments and other commercial tenant
  • -Property is located in a busy downtown corridor with local coffee shops, restaurants, retailers, and salons
  • -Historic building with appealing charm and character
  • -Lincoln is the Logan County seat and an iconic stop along Historic Route 66 that merges a high quality of life with a low cost of living

Contacts

broker

AJ Speasl

SVN | Core 3

(309) 590-7900

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable
  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Lincoln, IL
  • Neighborhood Lincoln
  • Zip Code 62656

Points of Interest

  • Lincoln

    0.12 miles

  • BP

    2.79 miles

  • Casey's General Store

    9.95 miles

  • Guzzardo's

    0.12 miles

  • Jimmy John's

    0.53 miles

  • McDonald's

    1.59 miles

  • Pizza Hut

    1.65 miles

  • Culver's

    2.30 miles

  • Walmart Supercenter

    1.99 miles

Frequently Asked Questions

What is the lease rate for Mary Todd's Hallmark/Gift Shop?

Rental asking rate at Mary Todd's Hallmark/Gift Shop is $349,500.00/YR.

What is the total square footage of Mary Todd's Hallmark/Gift Shop?

Mary Todd's Hallmark/Gift Shop totals 21,000 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

AJ Speasl

SVN | Core 3

(309) 590-7900