- For Sale $1,650,000/Acre
- Property Type Retail - Restaurant
- Property Size 209,784,960 SF
- Lot Size 1.21 Acre
- Year Built 1974
- Date Updated Aug 6, 2026
- Visibility/Traffic Count (VPD) 18,000
Description
This is an exceptional opportunity in a high-visibility location fronting on S Michigan St with over 20,000 vehicles per day (VPD) and supplemental traffic on adjacent S Main/Lafayette Blvd and E Walter St. The 4,816 SF building on site has a restaurant with a tenant currently paying $7,000/month plus taxes and CAM and vacating at the end of 2026. Close to other retailers, such as KFC, Wendy’s, Culver’s, Taco Bell and many others. Located on a generous 1.21-acre parcel, the site includes 48,584 square feet of paved parking, accommodating high customer volume with ease. The building was built in 1974, it has a long-standing presence in the community and is well-positioned for continued success or redevelopment in a thriving commercial corridor.
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Contacts
NAI Cressy
NAI Cressy
NAI Cressy
NAI Cressy