517 S 4th St - Restaurant FOR SALE


Springfield, IL 62701
$975,000 USD
217-553-7022
517 S 4th St, Springfield, IL for Sale
$975,000 USD
Restaurant - FOR SALE
1/41
null | Request Cap Rate

NEW


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

$975,000 USD

PRICE/SF

$72 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

0.31 AC

LAND SF

13,504 SF

ZONING

H-2

APN/PARCEL ID

14-34.0-156-023

ASK ABOUT THIS PROPERTY

Curtis TillettThe Real Estate GroupMore Info
217-553-7022

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Curtis TillettThe Real Estate GroupMore Info
217-553-7022

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