Bar & Pub

Centralia, IL Bars & Pubs for Sale

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Sandoval, IL Dix, IL Salem, IL Mount Vernon, IL Carlyle, IL Patoka, IL Kell, IL Ashley, IL
Restaurant Building with Banquet Space
Updated: Sep 1
Restaurant Building with Banquet Space

235 N Locust St, Centralia, IL 62801

$440,000
6,179 sqft
Approximately 12,000 square feet across the lower and upper levels
60' x 60' upper‑level banquet and event room with side bar
Commercial kitchen with walk‑in cooler, freezer, storage, and dumbwaiter service
Three‑stage commercial elevator addition completed in 2015
Combined permitted occupancy of 418
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Centralia, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Coffee Shop with Bar Equipment
Coffee Shop with Bar Equipment

Saint Jacob, IL 62281

$225,000
0.20 AC lot

Updated corner-lot commercial space with seating, food-preparation areas, outdoor seating, and equipment for beverage service.

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Bar and Pub with Patio
Bar and Pub with Patio

102 Park, Pocahontas, IL 62275

$220,000
0.32 AC lot

Operating property includes gaming space, outdoor seating, storage, and a separate auxiliary building.

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Bar & Pub Commercial Building
Bar & Pub Commercial Building

584 Il Route 143, Pocahontas, IL 62275

$165,000

Commercial building with driveway parking and public water service.

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Mixed-Use Building with Equipment
Mixed-Use Building with Equipment

212 N Douglas Street, Saint Jacob, IL 62281

$225,000

The property includes a kitchen and prep area, two bathrooms, and enclosed outdoor seating.

View details

Centralia, IL Bars & Pubs Market Trends and Statistics

Explore 1 bars & pubs for sale in Centralia, IL on our real estate platform. These investment opportunities span a total of 6,179 square feet of properties for sale, with an estimated market value of $440,000.

Sale prices for pubs in Centralia, IL average $440,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Bars & Pubs 1

Demographics Overview

Population 20K
Population Growth (5Y) -7.0%
Median Household Income $53,740
College Educated 21.5%

High-Yield Neighborhoods for Investment

Identify Centralia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62801 $440K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

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