Bar with Liquor and Gaming
New
For Sale
Contact for pricing
755 S FRANKLIN ST, Decatur, IL 62521
Liquor and gaming licenses are in place, subject to required transfer approval.
Property SizeContact for details
Days on Market6
Property Features for 755 S FRANKLIN ST
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
9,000 vehicles/day
Road Access
Yes
Additional Details
Business Included
Yes
Liquor License
Yes
Building Details
Construction
stone
Listing Agency:
Brinkoetter Realtors
Listed By:
Austin Deaton · License #475198953
(217) 620-1843
Source:
Crexi
Added: Sep 2
Changed: Sep 5
Last Checked: Sep 7 at 12:34AM
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 Brinkoetter Realtors
Investment Insights
Based on property information with market context.
This bar property at 755 S Franklin St. includes just under 800 square feet of bar space, along with an unfinished basement that provides additional storage. The building features a stone exterior, shingle roofing, and a gravel parking area. Existing liquor and gaming licenses are in place; any transfer requires buyer approval by the City of Decatur and compliance with applicable requirements.
The property is positioned south of Downtown Decatur along a four-lane, one-way roadway carrying approximately 9,000 vehicles daily. Its location provides direct roadway access and exposure on S Franklin St. The site can accommodate continuation of the existing bar operation or a different concept, subject to licensing and municipal approval.
The property is positioned south of Downtown Decatur along a four-lane, one-way roadway carrying approximately 9,000 vehicles daily. Its location provides direct roadway access and exposure on S Franklin St. The site can accommodate continuation of the existing bar operation or a different concept, subject to licensing and municipal approval.
Key Highlights
- Just under 800 SF of bar space
- Unfinished basement for additional storage
- Liquor and gaming licenses in place
Property Analytics
Property Profile
Current Use
Lease Details
9,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 62521, IL
33,793
Population
16,169
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
66.0 sq mi
ZIP Area
512
Density / Sq Mi
$66,848
Median Household Income
$41,945
Median Earnings
$857
Median Rent
$119,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- N J's Place — 755 S Franklin St, Decatur, IL 62521
- Hotshots Sports Bar & Grill — 237 N Main St, Decatur, IL 62523
- Lincoln Square Lounge — 121 N Main St, Decatur, IL 62523
Frequently Asked Questions
What type of property is this?
Bar & Pub - Liquor and gaming licenses are in place, subject to required transfer approval.
Where is this bar & pub located?
The property is located at 755 S FRANKLIN ST Decatur, IL.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Just under 800 SF of bar space; Unfinished basement for additional storage; Liquor and gaming licenses in place
