3241 Horizon Dr - Restaurant FOR SALE


Springfield, IL 62703
$495,000 USD
217-547-6650
3241 Horizon Dr, Springfield, IL for Sale
$495,000 USD
Restaurant - FOR SALE
1/16
null | Request Cap Rate

3241 Horizon Dr
Springfield, IL 62703


HIGHLIGHTS

  • Hospitality park outlot with prime interstate visibility
  • Former Hooters location with 20+ years of successful operation
  • Overflow parking lot ideal for high-volume traffic
  • Surrounded by major hotels and national dining chains
  • Positioned near key state government offices and employers

OVERVIEW

Welcome to an incredible opportunity brought to you by Coldwell Banker Commercial Devonshire Realty! Imagine your business thriving in a prime location with unbeatable visibility! Nestled in a beautiful hospitality parklike setting, this outlot offers easy access from S. Dirksen Parkway and stunning sightlines from both Dirksen Pkwy and the heavily traveled Interstate 55/72, where over 52,000 vehicles pass daily! And here is an added bonus – an extra lot for overflow parking! It is perfect for the Interstate traffic the property generates – passenger vehicles, fleet vehicles, and semi-trucks among other travelers. The site has a rich history as the former home of Hooter’s, a national restaurant chain that successfully operated here for over 20 years. Now, it is your chance to transform this coveted space into the next culinary hotspot, trendy shop, or essential service-based business – one that stands resilient in today’s internet-driven world. With an impressive array of nearby amenities, including upscale hotels like IHG, Marriott, and Wyndham, your business will cater to a steady flow of business travelers and visitors. Enjoy proximity to a diverse dining scene, featuring popular names like Red Lobster, Applebee’s, and Starbucks – perfect for attracting foot traffic! With major employers such as the Illinois Dept of Transportation and the Secretary of State just minutes away, you will tap into a consistent customer base eager for your services. Do not miss out on this rare opportunity to position your business in a prime location with tremendous potential!

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hospitality Park Outlot - Former Hooter's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

B-1

APN/PARCEL ID

22-12.0-127-059,22-12.0-127-067

ASK ABOUT THIS PROPERTY

Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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Blake Pryor, CCIMColdwell Banker Commercial Devonshire RealtyMore Info
217-547-6650

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