501 Sarpy St - Storefront Retail/Residential FOR SALE


Morrisonville, IL 62546
$375,000 USD
217-416-0634
501 Sarpy St, Morrisonville, IL for Sale
$375,000 USD
Storefront Retail/Residential - FOR SALE
1/21
null | Request Cap Rate

501 Sarpy St
Morrisonville, IL 62546


OVERVIEW

Welcome to a unique historic commercial opportunity in the heart of Morrisonville! This two-story building offers a versatile setup with a fully operational bar and entertainment space on the main level, paired with a spacious residential apartment above. The mail level features a well-established bar area with indoor and outdoor gaming opportunities, creating the perfect atmosphere for entertaining patrons year-round. This property is also the home of Illinois' longest shuffle board table at a whopping 24 ft. Then step outside to enjoy the expansive beer garden, offering additional seating and entertainment space for gatherings, events, and community activities. The second story provides a fully functional apartment with 3bedrooms, along with one full bathroom and laundry room. This additional living space offers flexibility for an owner-operator, rental income opportunity, or additional guest accommodations

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1864

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,963 SF

ZONING

-

APN/PARCEL ID

13-22-08-111-009-00,13-22-08-111-010-00

ASK ABOUT THIS PROPERTY

LISA HAGGERTYKeller Williams CapitalMore Info
217-416-0634

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LISA HAGGERTYKeller Williams CapitalMore Info
217-416-0634

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