$1 Auction - Former Bank Branch | Cobden

Description:

Ri Marketplace Online Auction August 11-13, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2631/1-auction-former-bank-branch-cobden?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2631

Cushman & Wakefield is pleased to present the opportunity to acquire a ±4,320 SF former Bank building situated on a ±0.56-acre parcel at 120 S Front Street in Cobden, Illinois. This one-story, free-standing retail property features two attached drive-thru lanes and offers multiple access points. Offered significantly below replacement cost, the property presents a compelling opportunity for owner/users or investors seeking a well-located asset with strong value-add potential. FIRST BID MEETS RESERVE!

Cobden, a quintessential Southern Illinois village within Union County’s “Little Egypt” region, has demonstrated positive demographic momentum, including both income and population growth. Strategically positioned as a gateway to Shawnee National Forest — Illinois’s sole national forest spanning 280,000 acres — the Property benefits from year-round tourism that draws hiking, hunting, and wine-trail visitors to the region’s famed Shawnee Hills Wine Trail and state parks. This dual local and visitor traffic stream enhances tenant upside, whether for quick-serve retail, adaptive reuse to wellness, convenience, or specialty-retail concepts. With fee-simple ownership, drive-thru infrastructure, and flexible commercial zoning, 120 S Front Street offers a rare value-add upside.



Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273

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