Mixed-Use Land for Sale in Galesburg, Illinois

Introducing St. Mary's Square - a unique and expansive redevelopment opportunity in the heart of Galesburg, IL. Located at 239 S Cherry Street, directly across from the Knox County Courthouse and Knox College, this historic property offers 2.7 acres and approximately 139,192 square feet of space, primed for transformation. Originally home to St. Mary's Hospital and later repurposed as St. Mary's Square Living Center, this vacant property provides a blank canvas for investors and developers. With 168 total resident rooms, a Living Center, and a Boiler/Laundry Facility, the site is ideal for a multi-family residential conversion, office space, or even a rooftop restaurant with stunning city views. The property features an asphalt and concrete parking lot with space for at least 45 vehicles, ensuring convenience for future residents or tenants. Additionally, its location within an Enterprise Zone offers potential tax benefits and investment incentives, making this an even more attractive development prospect. Positioned just steps away from downtown Galesburg's amenities, including dining, shopping, and entertainment, St. Mary's Square presents an unparalleled opportunity to bring new life to this historic site. Whether you envision modern apartments, a mixed-use office space, or a vibrant community hub, this property is ready for its next chapter. Don't miss this rare chance to revitalize a landmark location-schedule a viewing today!