Restaurant and Gaming
For Sale
$499,900
1577 W Wabash Avenue, Springfield, IL 62704
Completely rebuilt in 2007, featuring two dining rooms, a large center bar, and a gaming room.
Property Size5,056 SF
Lot Size0.50 Acres
Price / SF$98.87
Days on Market2374
Property Features for 1577 W Wabash Avenue
General Information
Standard status
Active
Size
5,056 SF
Lot size
0.50 Acres
Property subtype
General Commercial
Amenities
two dining rooms
large center bar
gaming room
manager's office
private upper level office suite with kitchenette and full bathroom
Building Details
Year Renovated
2007
Stories
2
Listing Agency:
The Real Estate Group
(217) 341-8323
Listed By:
Megan Pressnall · License #475162500
Source:
Xome
Added: Jan 29, 2020
Changed: Jul 22
Last Checked: Jul 30 at 2:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Group
Investment Insights
Based on property information with market context.
Commercial building available for retail or restaurant use with a large gaming room. The property was completely rebuilt in 2007 and includes two dining rooms, a large center bar, a gaming room, and a manager’s office. An upper level private office suite is also in place with a kitchenette and a full bathroom.
The offering includes three land parcels on approximately a half acre, including an overflow parking lot across Leonard Street.
The building is configured to support food and beverage service with dedicated operational spaces, along with private upper-level office accommodations.
The offering includes three land parcels on approximately a half acre, including an overflow parking lot across Leonard Street.
The building is configured to support food and beverage service with dedicated operational spaces, along with private upper-level office accommodations.
Key Highlights
- Completely rebuilt in 2007 commercial building for retail or restaurant use
- Large gaming room plus two dining rooms and a large center bar
- Includes manager's office and a private upper level office suite with kitchenette and full bathroom
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 62704, IL
39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- Betty's Place Video Slots and Poker — 1650 Wabash Ave # I, Springfield, IL 62704
- The Dublin Pub — 1975 Wabash Ave, Springfield, IL 62704
- Debbie's - Springfield — 1501 Wabash Ave, Springfield, IL 62704
- The Barrel Head — 1577 Wabash Ave, Springfield, IL 62704
- It's All About Wine — 1305 Wabash Ave, Springfield, IL 62704
Frequently Asked Questions
What type of property is this?
Bar & Pub - Completely rebuilt in 2007, featuring two dining rooms, a large center bar, and a gaming room.
Where is this bar & pub located?
The property is located at 1577 W Wabash Avenue Springfield, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Completely rebuilt in 2007 commercial building for retail or restaurant use; Large gaming room plus two dining rooms and a large center bar; Includes manager's office and a private upper level office suite with kitchenette and full bathroom
