547 E Springfield Rd - Retail FOR SALE
Arcola, IL 61910 |
$325,000 USD
217-398-1111
547 E Springfield Rd
Arcola, IL 61910
HIGHLIGHTS
- Turnkey former restaurant space with seating capacity for approximately 70 patrons.
- Ample on-site parking with more than 55 spaces available for customers and staff.
- Located within Arcola’s active commercial district, providing strong visibility and accessibility.
- Zoned C-Commercial, allowing for a variety of retail and street retail uses.
- Close to popular attractions including Amish country, Rockome Gardens, and the Arcola Depot Museum.
- Benefits from steady local traffic and annual events such as the Broom Corn Festival, enhancing customer draw.
OVERVIEW
Discover a lucrative investment opportunity at 547 East Springfield Road, Arcola, IL. This 1,814 SF building, constructed in 1974, offers a turnkey restaurant space with a capacity for 70 patrons. Strategically located in the vibrant commercial district of Arcola, this property boasts a prime location and ample parking with 55+ spaces. Zoned C-Commercial, this property presents an exceptional opportunity for retail/street retail investors seeking to capitalize on the thriving market in the area.
FOR SALE DETAILS
PRICE
$325,000 USD
PRICE/SF
$179 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
0.81 AC
LAND SF
35,284 SF
ZONING
C
APN/PARCEL ID
01-14-03-311-011
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217-398-1111
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217-398-1111
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