Listing Summary
Turnkey C-Store, Gaming & real estate for sale at 508 E Poplar St, Harrisburg, IL! $449,000. $40K/mo sales, $5K/mo COAM commissions, $0 credit card fees, Opportunity Zone. Call (770) 664-9999!
Full Description
High-Margin Convenience Store, Video Gaming & Commercial Real Estate For Sale: 508 E Poplar Street, Harrisburg, IL
Offering high-yielding cash flow, strong gaming commissions, and long-term asset security, 508 E Poplar Street, Harrisburg, IL 62946 represents an exceptional turn-key commercial property and business acquisition in Saline County. Offered at $449,000 (plus inventory at cost), this free-standing commercial facility sits on a 0.28-acre parcel and includes both the operating retail store and fee-simple real estate ownership.
Built in 2015, the modern facility is currently open only 12 hours per day, yet generates $40,000 in average monthly retail sales and $5,000 in monthly video gaming (COAM) commissions. The store currently delivers over $11,000 per month in net profit after paying $3,500 in shift labor and all operating expenses. An active owner-operator or family management team taking over daily operations can instantly increase net cash flow to nearly $14,500 per month ($174,000+ annually) while taking advantage of extended operating hours.
Financial Performance & Key Property Specifications
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Asking Price: $449,000 (Fee-Simple Commercial Real Estate Property + Business Value + Inventory)
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Property Type & Class: Single-Story Commercial Retail / C-Store Facility (Class C / Built 2015)
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Land Parcel Area: 0.28 Acres (12,197 SF Lot Footprint)
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Federal Opportunity Zone: Yes (Qualifies for Federal Tax Deferrals & Capital Gains Exemption Advantages)
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Monthly Inside Retail Sales: $40,000 / Month Average
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Monthly COAM Video Gaming Income: ~$5,000 / Month Commission
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Monthly Lottery Commission: ~$700 / Month
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Monthly ATM Commission: ~$150 / Month
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Merchant Processing Costs: $0 Credit Card Processing Fees (Customer Surcharge Program Implemented)
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Net Monthly Profit (Under Management): $11,000+ / Month (Net of $3,500 Employee Payroll)
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Owner-Operator Net Cash Flow Potential: $14,500+ / Month (~$174,000 Annually)
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Operating Hours: Currently Open Only ~12 Hours / Day (Immediate upside by expanding operating hours)
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Portfolio Package Option: Package deal available with a second nearby store ($399k asking) for $799,000 total plus inventory
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Broker Representation: River Brokers — Direct Contact: (770) 664-9999 | info@riverbrokers.com
Revenue Growth & Operational Expansion Catalysts
Engineered for quick bottom-line expansion under dedicated owner-management:
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Operating Hours Expansion: Operating only 12 hours daily leaves significant early morning commuter and late-night demand untapped. Extending store hours to 16+ hours will drive higher beverage, tobacco, and gaming foot traffic.
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$0 Credit Card Processing Overhead: Utilizing a full customer surcharge program ensures that 100% of merchant processing fees are passed to the customer, saving thousands in annual overhead compared to typical retail locations.
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Gaming Lounge Optimization: Video gaming (COAM) commissions provide $5,000/month in pure profit. Upgrading the gaming lounge seating, offering complimentary snacks/beverages to players, and expanding marketing will drive gaming revenue higher.
Strategic Harrisburg / Saline County Trade Area & Demographics
Situated in the commercial and regional hub of Southeastern Illinois:
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Regional Retail Trade Hub: Harrisburg serves as the primary commercial shopping center for over 23,000 Saline County residents, drawing a high retail pull factor from surrounding rural communities.
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Higher Education Student Anchor: Home to the main campus of Southeastern Illinois College, providing steady student, faculty, and administrative foot traffic for convenience and retail purchases throughout the academic year.
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High-Visibility Commuter Corridor: Positioned on Poplar Street (a key local commuter and retail route), ensuring high daily exposure and easy access for neighborhood residents and passing traffic.
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Proximity to Civic Anchors & Schools: Located near Harrisburg High School, Harrisburg Middle School, East Side Elementary, and West Side Elementary (collectively serving over 1,300 students and staff).
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Surrounding Hospitality & Dining Nodes: Surrounded by local lodging (Super 8, Quality Inn, Economy Inn & Suites) and dining staples (Morello’s, Harrisburg Family Restaurant, El Ranchito, Tequilas, Bar-B-Q Barn, Mackie’s Pizza, Casey’s).
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Downtown Revitalization Investment: Benefits from ongoing local municipal initiatives supporting business district growth and commercial corridor upgrades.
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Strategic Tri-State Regional Reach: Positioned 45 minutes from Marion, IL; 1 hour from Carbondale, IL and Paducah, KY; 1 hour 20 minutes from Cape Girardeau, MO; 1 hour 30 minutes from Evansville, IN; and 2 hours from St. Louis, MO.
Whether you are looking to acquire a high-yield retail gaming property under $450k, secure Opportunity Zone tax advantages, or purchase a two-store convenience portfolio in Saline County, 508 E Poplar Street delivers cash flow, location, and proven financial performance.
Quick Glance
- Listing ID:
CL-Illinois-28758
- Status:
Active
- Year Build:
2015
- Building Size:
N/A
- Lot Size:
0.28 Acr
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Virtual Tour