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Two-Parcel Historic Tavern Property
For Sale
$850,000

316/318 N Main St, Columbia, IL 62236

Historic two-building package with a two-level tavern building and a 1850s structure on separate parcels.

Property SizeContact for details
Days on Market48

Property Features for 316/318 N Main St

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Strano & Associates, Ltd
Listed By: Danielle Bayer ()
Source: Davisrealtor
Added: Jul 20 Changed: Sep 4 Last Checked: Sep 5 at 8:23AM

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 Strano & Associates, Ltd

Investment Insights

Based on property information with market context.

This offering presents two commercial buildings on separate parcels, including a former tavern building and an additional historically significant structure built in the 1850s. The tavern building includes over 3,500 square feet across two finished levels and is described as purpose-built with substantial systems and finishes, including 400-amp electrical service, freeze-resistant plumbing with accessible service points, energy-efficient coolers, LED halo lighting with adjustable color and brightness, and SmartSide Diamond Coat siding. Infrastructure is in place for future expansion, including gas service and plumbing to a rear patio for a potential outdoor presentation kitchen.

The second building is approximately 5,000 square feet, with a main level over 3,000 square feet that includes a 400-square-foot salon leased to a long-term tenant. An additional upper floor is described as having strong potential for residential rental living space, owner occupancy, or other income use, with buyer to verify.

The property is located at 316/318 N Main St, Columbia, IL 62236.

Key Highlights

  • Two commercial buildings on separate parcels, including a former tavern and a separate historic 1850s structure.
  • Former tavern building has 3,500+ SF across two finished levels, with main level designed for tavern use and an upper level for flexible uses.
  • Tavern building includes 400‑amp electrical service, energy‑efficient coolers, LED halo lighting, and freeze‑resistant plumbing with service access.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

550
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 59% Shops & Services 41%
Cotton's Ace Hardware Home Improvements & Furnishings
4,667 visits/mo 0.1 miles
Clement Chrysler Dodge Jeep Ram Columbia Shops & Services
1,798 visits/mo 0.5 miles
Associated Bank Shops & Services
1,269 visits/mo 0.1 miles
Carstar Shops & Services
147 visits/mo 0.1 miles

Demographics for 62236, IL

13,924
Population
5,797
Households
2.4
Avg Household Size
42
Median Age
48%
College-Educated
96%
High-School Grad
60.3 sq mi
ZIP Area
231
Density / Sq Mi
$112,070
Median Household Income
$62,823
Median Earnings
$1,089
Median Rent
$300,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Fire & Ice Frozen Cocktails 123 S Main St, Columbia, IL 62236
  • Pair of Dice Columbia, IL 62236
  • Washy's Pub 210 S Main St, Columbia, IL 62236
  • Ace’s Wild 208 N Main St Suite G, Columbia, IL 62236
  • The Barn 316 N Main St, Columbia, IL 62236

Frequently Asked Questions

What type of property is this?
Bar & Pub - Historic two-building package with a two-level tavern building and a 1850s structure on separate parcels.
Where is this bar & pub located?
The property is located at 316/318 N Main St Columbia, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two commercial buildings on separate parcels, including a former tavern and a separate historic 1850s structure.; Former tavern building has 3,500+ SF across two finished levels, with main level designed for tavern use and an upper level for flexible uses.; Tavern building includes 400‑amp electrical service, energy‑efficient coolers, LED halo lighting, and freeze‑resistant plumbing with service access.
More about this property
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