Turn-Key Bar in Lincoln,
For Sale
$250,000
401 Limit Street, Lincoln, IL 62656
Thriving bar with party room and outdoor area for sale.
Property Size2,220 SF
Price / SF$112.61
Days on Market681
Property Features for 401 Limit Street
General Information
Standard status
Active
Size
2,220 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1977
Listing Agency:
Coldwell Banker Commercial Real Estate Group
(815) 378-9726
Listed By:
Gina Mudge · License #475211625
(815) 378-9726
Source:
Exitrealty
Added: Sep 18, 2024
Changed: Jul 6
Last Checked: Apr 6 at 2:10AM
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 Coldwell Banker Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This is a well-established bar business located in Lincoln, IL. The property features a party room suitable for private events and gatherings, along with an outdoor area for socializing. The establishment includes both a wet and dry bar, as well as two storage areas and updated restrooms. The interior design is fresh, and the business benefits from a loyal customer base. The property size is 2220 square feet.
Key Highlights
- Turn‑key, thriving bar business with established customer base
- Includes a party room for private events and gatherings
- Vibrant outdoor area for socializing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
16k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Home Improvements & Furnishings 29%
Dollar General
Shops & Services
7,608 visits/mo
0.3 miles
Ace Hardware Of Lincoln
Home Improvements & Furnishings
4,623 visits/mo
0.4 miles
BP
Shops & Services
3,474 visits/mo
0.5 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
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Similar Off Market Nearby
- Copper & Oak Bourbon & Craft Beer Bar — 227 N Kickapoo St, Lincoln, IL 62656
- Lucky Dog — 401 Limit St, Lincoln, IL 62656
- O K Tavern Inc — 1215 N McLean St, Lincoln, IL 62656
- Spirited Republic/Limerick Brewing Company — 509B Pulaski St, Lincoln, IL 62656
- Chances R — 421 N Chicago St, Lincoln, IL 62656
Frequently Asked Questions
What type of property is this?
Bar & Pub - Thriving bar with party room and outdoor area for sale.
Where is this bar & pub located?
The property is located at 401 Limit 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: Turn‑key, thriving bar business with established customer base; Includes a party room for private events and gatherings; Vibrant outdoor area for socializing
