Owners still have optimism for former Dollar General in downtown Galesburg. Here’s their updated vision

354 E. Main St. in Galesburg

Owners of a vacant former retail store in the heart of Downtown Galesburg continue to seek tenants for the East Main Street property.

Candace D’Agnolo-Palermo and her husband Joey Palermo of East Galesburg purchased the former Dollar General Store, 354 E. Main St., in August 2021 with intentions of dividing the building into four or five retail spaces, all with entrances on South Seminary Street.

Candace D’Agnolo-Palermo, however, tells WGIL, “The original vision of five store fronts is not financial feasible, so we’re looking to find one to three tenants depending on the square footage they need. Once the first tenant is secured that will determine how the space is broken up.

“It has such great visibility for any business; I hope we can find tenants soon.”

According to the listing from NAI Ruhl Commercial Company:

2024 Redeveloped retail property at the SWC of premier retail intersection in downtown Galesburg, in the heart of the Seminary Street Historic Commercial District. 7,239 SF available which can be subdivided to minimum 2,500 SF. Great visibility and traffic. 530 SF Mezzanine. Basement space also available. Contact LA for details. Perfect for retail, restaurant or other uses. Area includes many well-established retail and restaurant tenants.

 

An exterior makeover last October included cleaning the facade, and priming and painting the building a new dark navy color called Sea Serpent. Marketing signs were removed from the Main Street-facing windows this week and new “for lease” signs went up along the Seminary and Main Street sides of the building.

D’Agnolo-Palermo said the building is zoned B3 and can be utilized for a variety of uses. She said there has been interest from restaurant owners but a kitchen would need to be constructed.

The B3 District provides for those uses customarily expected to be located in an urban downtown environment such as retail, residential, governmental, office, cultural, hotel, entertainment and ancillary uses. This district also serves to maintain the traditional business core of the city, and allow a mix of businesses, office, governmental and residential uses to encourage social, cultural and civic functions.

The first floor has total available space of around 7,000 square feet. There also is a concrete basement with 9-foot ceilings the full length of the building, providing storage space for potential tenants.

D’Agnolo-Palermo said they still envision entrances and windows facing Seminary Street, even if there are only two tenants.

Making the property attractive to potential tenants, according to D’Agnolo-Palermo, is the proximity to other nearby area businesses of importance like Knox College, Discovery Depot, the historic Orpheum Theatre, Galesburg Community Arts Center, Prairie Players and the future home of the Galesburg Symphony.

ReCENT POSTS

Loading...