701 N. Commercial Street, Harrisburg, IL
Retail for Sale - $500,000 - 44,000 Sq. Ft. on 13.21 acres
Agent Info
| Ben Cherry,CCIM Manor Real Estate |
Property Info
| CIMLS# | 1187341 |
| Location 701 N. Commercial Street Harrisburg IL 62946 | |
| Updated | February 6th, 2026 |
| Type | Retail |
| Price | $500,000 |
| Building | 44,000 Sq. Ft. |
| Land | 13.21 acres |
Property Description
Manor Real Estate is pleased to present the opportunity to acquire a 100% fee simple interest in a two (2) property portfolio within Harrisburg, Illinois (“The Properties”), comprised of Shawnee Square and Arrowhead Point Shopping Centers.
Shawnee Square is a 28,320 square foot Kroger shadow-anchored retail center with 69% occupancy. The shopping center was extensively renovated in 2024 with a new TPO roof and modern new façade. Strategically positioned between two (2) high volume anchors, Kroger and Tractor Supply, Shawnee Square benefits from an excellent tenant mix, strong daily traffic and access to North Commercial Street, Harrisburg’s dominant retail corridor.
Arrowhead Point is a fully-vacant 44,000sf retail center on approximately 13.21 acres. The potential is enormous. Shadow anchored by a top performing Rural King, this site offers tremendous redevelopment potential at a land basis of $0.87 per square foot! With existing access, functional parking field, utility infrastructure and neighboring anchors – the ground up or renovation economics are highly attractive to a developer.
The Properties are being offered solely as a package for $2,300,000 ($31.80 PSF).

