316 N Main St - Storefront Retail/Office FOR SALE


Columbia, IL 62236
$1,200,000 USD
314-471-3766
316 N Main St, Columbia, IL for Sale
$1,200,000 USD
Storefront Retail/Office - FOR SALE
1/98
null | Request Cap Rate

Jun '26


316 N Main St
Columbia, IL 62236


HIGHLIGHTS

  • Prime Location
  • Endless possibilities for the front building
  • thriving business

OVERVIEW

Rare Two-Parcel Commercial Opportunity | Turnkey Business + Historic Building | This exceptional commercial offering includes two buildings on separate parcels, combining an established income-producing business, a historically significant structure, and substantial future expansion potential. Tavern Building, Business, & Contents Included. The tavern features over 3,500 square feet across two finished levels and is a productive, well-established operation. The entire business and contents are included in the sale. Built new from the ground up with no expense spared, this structure was thoughtfully designed for long-term durability, efficiency, and growth. Notable features include: 400-amp electrical service, Plumbing engineered to be highly freeze-resistant with easy access for service, Top-of-the-line, energy-efficient coolers, Infrastructure in place for future expansion, including gas service and plumbing to the rear patio for a potential outdoor presentation kitchen, SmartSide Diamond Coat siding, Commercial-grade True brand equipment, made in St. Louis, Solid oak bar, locally milled by Stone Tree, Bar seating constructed with exceptional wear-resistant materials, exceeding standards used by Vegas casinos, Integrated sound and camera systems, Flooring designed for easy maintenance and repair, LED halo lighting with adjustable color and brightness, A durable patio built to support long-term use and future enhancements. The main level operates as a busy, successful tavern, while the finished upper level provides flexibility-ideal for special events, private functions, or conversion into a custom concept or dream project. The second building, built in the 1850's, offers approximately 5,000 sq ft and blends historical character with income potential. Main level is over 3000 sq ft that houses a salon(400 sq ft)with a long-term tenant, providing steady rental income. Full upper floor with strong potential for residential rental living space, owner occupancy, or additional income use (buyer to verify). This is two parcels with with separate buildings. Turnkey business with high-quality construction and systems. Multiple income streams, Expansion-ready infrastructure, Historic appeal with modern functionality. This is a rare opportunity for investors, owner-operators, or entrepreneurs seeking a profitable business, character-rich property, and long-term growth potential in one compelling package

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$218 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gillan Bldg

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

CC2

APN/PARCEL ID

04-16-481-001-000

ASK ABOUT THIS PROPERTY

Danielle BayerStrano & Associates, LtdMore Info
314-471-3766

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Danielle BayerStrano & Associates, LtdMore Info
314-471-3766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.