Renovated Downtown Commercial
For Sale
Contact for pricing
614 BROADWAY Street, Lincoln, IL 62656
Extensively renovated downtown building, ideal for various commercial uses.
Property SizeContact for details
Days on Market1459
Property Features for 614 BROADWAY Street
General Information
Standard status
Active
Property subtype
Retail
Zoning
C-1
Listing Agency:
ME Realty
(217) 737-3742
Listed By:
Seth Goodman · License #475126097
Source:
Crexi
Added: Aug 26, 2022
Changed: Aug 22
Last Checked: May 19 at 8:44PM
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 ME Realty
Investment Insights
Based on property information with market context.
This downtown building has been extensively renovated inside from top to bottom. The interior features an entry/greeting area, an open concept dining space with tin ceilings and fixtures, a prep area, a large kitchen area, two separate baths, mechanicals, and storage space. Rich cherry wood finishes are present throughout. The building has housed Sorrento’s since 2018, a business that has been operating locally for 54 years. The list price is for the building only.
Key Highlights
- Extensively renovated downtown building with high‑quality interior finishes.
- Open concept dining space with elegant tin ceilings and timeless fixtures.
- Includes a prep area, large kitchen, two bathrooms, mechanicals, and storage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 41%
Shops & Services 40%
Home Improvements & Furnishings 19%
Lincoln IGA
Groceries
10,244 visits/mo
0.1 miles
Ace Hardware Of Lincoln
Home Improvements & Furnishings
4,623 visits/mo
0.4 miles
BP
Shops & Services
3,474 visits/mo
0.1 miles
Regions Bank
Shops & Services
2,581 visits/mo
0.2 miles
Hallmark
Shops & Services
2,093 visits/mo
0.1 miles
Demographics for 62656, IL
18,634
Population
7,569
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
90%
High-School Grad
142.8 sq mi
ZIP Area
130
Density / Sq Mi
$59,129
Median Household Income
$32,170
Median Earnings
$807
Median Rent
$128,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Extensively renovated downtown building, ideal for various commercial uses.
Where is this restaurant located?
The property is located at 614 BROADWAY Street Lincoln, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Extensively renovated downtown building with high‑quality interior finishes.; Open concept dining space with elegant tin ceilings and timeless fixtures.; Includes a prep area, large kitchen, two bathrooms, mechanicals, and storage.
