517 S 4th St - Restaurant FOR SALE


Springfield, IL 62701
$749,000 USD
517 S 4th St, Springfield, IL for Sale
$749,000 USD
Restaurant - FOR SALE
1/41
null | Request Cap Rate

517 S 4th St
Springfield, IL 62701


HIGHLIGHTS

  • New mechanicals, roof and sprinkler system - 2017
  • Good visibility
  • Well maintained

OVERVIEW

This well-maintained 4,230 sq. ft. restaurant building is move-in ready and ideal for a variety of business ventures. It features off-street parking, a new hood system, updated mechanicals (2017), a new roof (2017), and a sprinkler system installed in 2017. The spacious lower level includes a banquet room, a walk-in cooler, sink, and generous storage space—perfect for food service or event operations. With its solid infrastructure and functional layout, this property offers a great opportunity for your next business.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

H-2

APN/PARCEL ID

14-34.0-156-023

ASK ABOUT THIS PROPERTY

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