Building Details

Buildings 1

Stories 2

Listing Agency: Keller Williams Capital k***@gmail.com Show Phone

Listed By: Karsen Wagahoff

Source: Crexi

Added: Aug 7 Changed: Aug 12 Last Checked: Aug 12 at 3:57AM

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Investment Insights

Based on property information with market context.

This two-story mixed-use property combines an operating bar and entertainment area on the ground floor with a residential apartment above. The commercial level includes indoor and outdoor gaming, a 24-foot shuffleboard table, and an outdoor beer garden with space for seating, events, and community gatherings.

The upper-level apartment contains 3 bedrooms, 1 full bathroom, and a laundry room. The configuration supports an owner-operator arrangement, residential occupancy, or rental use, subject to applicable requirements. The property is located at 501 Sarpy Street in Morrisonville, Illinois, and carries C-1 zoning.

Key Highlights

• Two‑story mixed‑use building at 501 Sarpy Street, Morrisonville, IL 62546
• Operating bar and entertainment area on the main level
• 24‑foot shuffleboard table included

Property Analytics

Property Profile

Current Use

The Other Bar Bar & Pub

Suggested Use

Top Pick Building Supply Auto Repair Shop Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Hair Salon

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

1

Residential units

Location Intelligence

Trade Area within ½ mile

1

Businesses Nearby

Explore this area Business Placement

Demographics for 62546, IL

1,560

Population

647

Households

2.4

Avg Household Size

44

Median Age

15%

College-Educated

95%

High-School Grad

113.1 sq mi

ZIP Area

14

Density / Sq Mi

$88,462

Median Household Income

$46,818

Median Earnings

$680

Median Rent

$121,400

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

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Bar and entertainment space occupies the main level, with a three-bedroom apartment upstairs.

Where is this mixed-use property located?

The property is located at 501 Sarpy Street Morrisonville, IL.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Two‑story mixed‑use building at 501 Sarpy Street, Morrisonville, IL 62546; Operating bar and entertainment area on the main level; 24‑foot shuffleboard table included