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120 S Monroe Street Golconda, IL 62938 Commercial - Retail Active

  • 120 S Monroe Street, Golconda, IL 62938 Main Photo

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Description

Positioned in the heart of scenic Golconda, Illinois, this fully updated grocery store presents an outstanding turnkey business opportunity in one of Southern Illinois' most traveled recreational corridors. Recently renovated inside, the store features new lighting, HVAC, flooring, shelving, coolers, and freezers, offering a modern, clean shopping environment ready for immediate operation. Sale includes all equipment, making this a seamless investment for an owner-operator or expanding business. The property includes two checkout lanes, excellent visibility, and ample on-site parking for customers, travelers, and larger vehicles. Located along the route to the Shawnee National Forest, Garden of the Gods, Cave-In-Rock, Dixon Springs State Park, and numerous Ohio River attractions, Golconda sees consistent traffic from tourists, outdoor enthusiasts, hunters, boaters, and campers throughout the year. The town also serves as a gateway for travelers exploring Southern Illinois wine trails, hiking destinations, and river recreation areas. With its strategic location, recent upgrades, and established retail layout, this property offers exceptional potential for continued grocery operations, specialty retail, or expanded convenience offerings in a growing tourism-driven market.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1975

General Information

County: Pope
Listed By:
Farmer & Co. Real Estate 618-524-3000
MRED MLS
$450,000
Est. $2,944/mo
Active
SQUARE FEET7,800 MLS#100000623
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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120 S Monroe Street, Golconda, IL 62938.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $450,000$450,000$450,000
Down Payment $90,000$15,750$112,500
Monthly Mortgage Amount $2,187$2,685$2,780
Taxes $626$626$626
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$198$0
Monthly Estimated Total $2,944$3,640$3,537

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