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    313 N Canal St Annawan, IL 61234

    For Sale
    $575,000

    Recently renovated building featuring restaurant, bar, banquet hall, and more.

    Property size:
    10,081 SF
    Lot size:
    0.53 Acres

    Property Features for 313 N Canal St

    General Information

    Size
    10,081 SF
    Lot size
    0.53 Acres

    Source: Mel Foster Commercial Real Estate Services LLC Agent Joe Wonio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Use Building For Sale

    This is a recently renovated multi-use building with 10,081 square feet of space. The building features a restaurant, bar, banquet hall, game rooms, office rooms, catering kitchen, and a full basement. FF&E is sold separately. The property is located in Annawan, Illinois.
    Insight Report Location Intelligence

    Current Use by Public Records

    Brandner Mapping & Sales Tractor Dealer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Mick's Bar & Grill, Front Street Tap

    Location Insight

    • Map
    • Local Demand
    City
    Annawan
    County
    Henry
    State
    Illinois
    Longitude
    -89.9039923
    Latitude
    41.4022935

    Nearby Similar for Sale

    • $52,900
      1,716 SF

      323 Front St, Annawan, IL 61234

      Commercial real estate • 1,716 SF
      323 Front St, Annawan, IL 61234
      View Details

    FAQs

    What type of property is this?
    Bar - Recently renovated building featuring restaurant, bar, banquet hall, and more.
    Where is this bar located?
    The property is located at 313 N Canal St Annawan, IL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Multi-use building suitable for various business ventures.; - Includes a restaurant, bar, banquet hall, game rooms, and office rooms.; - Features a catering kitchen.
    (563) 370-8097
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    313 N Canal St Annawan, IL 61234
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