Bar & Pub

Newman, IL Bars & Pubs for Sale

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Updated Bar & Grill Opportunity
Updated: Aug 22, 2023
Updated Bar & Grill Opportunity

107 E Yates St, Newman, IL 61942

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3,910 sqft
Seller financing available
Well‑maintained bar & grill with established customer base
Recent renovations including new roof, AC/furnace, and updated women's restroom
New walk‑in freezer, fryer, refrigerator, pool table, smoker, POS system, and oven (2022)
Complete bar renovation with new flooring, bar/bar top, draft system, beer coolers, updated electrical, awning, and camera system (2017)
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Newman, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Downtown Champaign Mixed-Use Building
Downtown Champaign Mixed-Use Building

320 N Neil Street, Champaign, IL 61820

$1,250,000
5,865 sqft 0.08 AC lot

Prime mixed-use property in downtown Champaign with rental income.

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Remodeled Bar & Karaoke Venue
Remodeled Bar & Karaoke Venue

214 W Main St, Urbana, IL

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8,800 sqft 0.11 AC lot

Turnkey bar and karaoke venue with leaseback opportunity.

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Turn-Key Restaurant and Bar
Turn-Key Restaurant and Bar

1309 East Washington Street, Urbana, IL 61802

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4,923 sqft

Turn-key restaurant and bar available for sale in Urbana, IL.

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Fully Renovated Bar Restaurant
Fully Renovated Bar Restaurant

1906 W Bradley Ave, Champaign, IL 61821

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Move-in ready bar/restaurant space is fully renovated and currently occupied by a month-to-month tenant.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Corner Development Site
Commercial Corner Development Site

700 W JEFFERSON Street, Springfield, IL 62702

$175,000
0.59 AC lot

Corner lot on West Jefferson and Walnut Streets with utilities onsite and two access points.

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Restaurant with Bar, Lounge and Stage
Restaurant with Bar, Lounge and Stage

951 Durkin Drive, Springfield, IL 62704

$425,000

Restaurant property with formal dining, bar and lounge seating, a stage for live music, and central air under S2 zoning.

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Commercial Land in Itasca, IL
Commercial Land in Itasca, IL

100 S Walnut Street, Itasca, IL 60143

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0.17 AC lot

Commercial land available for sale in Itasca, Illinois.

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Commercial Land Zoned B-2
Commercial Land Zoned B-2

21835 State Road 120, Elkhart, IN 46516

$330,000
1.93 AC lot

Commercial land zoned B-2 with an existing building that could be used as an office.

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Newman, IL Bars & Pubs Market Trends and Statistics

Explore 1 bars & pubs for sale in Newman, IL on our real estate platform. These investment opportunities span a total of 3,910 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1

Demographics Overview

Population 1,031
Population Growth (5Y) -1.3%
Median Household Income $74,179
College Educated 22.6%

Taxes & Financing

Tax Rate (average for all types) 7.12%
Property Tax per SF $93.28 per SF
Average Loan-to-Value 65.0%

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