Former Wendy's

1845 Vaughn Rd, Wood River, IL 62095

Property Information

  • For Sale $950,000
  • Property Type Retail - Freestanding
  • Property Size 2,915 SF
  • Lot Size 1.34 Acre
  • Property Tenancy Single Tenant
  • Year Built 2009
  • Year Renovated 2024
  • Date Updated Jul 17, 2026

Description

Situated in the heart of the Metro East region of the Greater St. Louis MSA, the subject property is located along Vaughn Road (Illinois Route 111), one of Wood River's primary commercial corridors. The site benefits from immediate access to Illinois Route 255, providing convenient connectivity throughout Madison County and direct access to Downtown St. Louis, approximately 20 minutes away. The surrounding trade area serves the communities of Wood River, East Alton, Roxana, Bethalto, Hartford, Alton, and Edwardsville, drawing consumers from one of the region's most established retail and employment corridors. The property is positioned among a strong concentration of national retailers, restaurants, and daily-needs businesses that generate consistent consumer traffic throughout the day. Nearby retailers include Walmart Supercenter, Aldi, McDonald's, Taco Bell, Steak 'n Shake, Walgreens, AutoZone, O'Reilly Auto Parts, Dollar Tree, and numerous other national and regional operators, reinforcing the corridor as the dominant retail destination for the surrounding communities. Wood River is part of the Riverbend region, one of Southern Illinois' largest employment hubs, anchored by major industrial, manufacturing, logistics, and energy employers. The area is home to the Phillips 66 Wood River Refinery—one of the largest petroleum refineries in the Midwest—as well as major employers including Olin Corporation, ConocoPhillips Pipeline, American Water, OSF HealthCare, Alton Memorial Hospital, and numerous distribution and manufacturing facilities throughout Madison County. This diverse employment base provides a stable workforce and supports strong daily traffic patterns for retail and restaurant operators. The combination of excellent visibility, regional accessibility, surrounding national retail, and a large employment base makes the property well-positioned for a variety of restaurant, retail, medical, automotive, financial, or redevelopment uses..

Highlights

  • 2,915 SF Freestanding Former Wendy's Restaurant With Existing Drive-Thru Situated on 1.34 Acres Extensively Remodeled in 2024, Providing a Modernized Facility With Reduced Near-Term Capital Requirements
  • Average Household Income Exceeds $79,000 Within a 3-Mile Radius
  • Existing Restaurant Improvements Reduce Conversion Costs and Accelerate Time to Occupancy
  • High-Visibility Location Along Vaughn Road Within Wood River's Primary Retail Corridor | Daily Vehicles Per Day Surpass 12,000
  • Immediate Access to Illinois Route 255 and Illinois Route 111 Offering Outstanding Regional Connectivity
  • Located Within the Metro East Region of the Greater St. Louis MSA | 26 Miles to Downtown St. Louis
  • Population Exceeds 50,200 Residents Within a 5-Mile Radius
  • Strong Daytime Population Supported by Nearby Industrial, Manufacturing, Distribution, and Energy Employers
  • Surrounded by a Strong Mix of National Retailers Including Walmart Supercenter, Aldi, Walgreens, McDonald's, Taco Bell, Steak 'n Shake, AutoZone, O'Reilly Auto Parts, Dollar Tree, Harbor Freight Tools, and Numerous Other National and Regional Retailers

Contacts

Location

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