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Restaurant Space with Stage
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For Lease
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401 E Jefferson St, Springfield, IL 62701

The dining space includes a bar, private dining area, and kitchen equipment for the next operator.

Space Size4,850 SF
Days on Market4

Property Features for 401 E Jefferson St

General Information

Standard status Active
Size 4,850 SF
Property subtype RETAIL

Space & Availability

Space Use Restaurant
Furnished Yes

Additional Details

Equipment Included Yes

Amenities

built in shades
bar area
private dinning area
stage

Spaces For Lease

at 401 E Jefferson St
401 E Jefferson St $1,150/SF/Yr
Floor 1
Size 4,850 SF
Type RETAIL
Availability AVAILABLE, Now
- Excellent opportunity for a move in restaurant in the historic St. Nicholas building. Beautiful space with lots of natural lighting. Built in shades in every window. Large fully equiped kitchen with walk in cooler, bar area, private dinning area and even a stage !! EVERYTHING in the kitchen stays for future tenant. Beutiful solid wood tables and chairs. 90 apartments in the St. Nicholas for guarenteed traffic.
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Listing Agency: Garrison Group Inc
Listed By: Glen Garrison · License #471002435
Source: Moodyscre
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 4 at 2:08PM

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 Garrison Group Inc

Investment Insights

Based on property information with market context.

At 401 E Jefferson St. in Springfield, this 4,850-square-foot restaurant space occupies the St. Nicholas building, which includes 90 apartments. The interior features natural light, built-in window shades, a bar, private dining area, and stage. Kitchen equipment, solid wood tables, and chairs are included for the next tenant.

The kitchen is equipped with a walk-in cooler. The address is 401 E Jefferson St, Springfield, IL 62701.

Key Highlights

  • 4,850 square feet in the St. Nicholas building
  • Building includes 90 apartments
  • Kitchen includes a walk‑in cooler; kitchen equipment stays

Property Analytics

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Current Use

Near North Village Apartment Building Lady-noir Charmz (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Pet Grooming Service Catering Service

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

Lease Details

NNN (Triple Net)
Lease Type
$0.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,305
Businesses Nearby
Under-served
Demand for This Use

Demographics for 62701, IL

1,354
Population
832
Households
1.6
Avg Household Size
36
Median Age
35%
College-Educated
86%
High-School Grad
0.4 sq mi
ZIP Area
3,385
Density / Sq Mi
$32,444
Median Household Income
$31,472
Median Earnings
$667
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The dining space includes a bar, private dining area, and kitchen equipment for the next operator.
Where is this conventional restaurant located?
The property is located at 401 E Jefferson St Springfield, IL.
What is the lease rate?
The lease rate is $1,150/Mo.
What are key features of this property?
This property features: 4,850 square feet in the St. Nicholas building; Building includes 90 apartments; Kitchen includes a walk‑in cooler; kitchen equipment stays
(217) 241-0202 Call to check price and availability
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