Property summary
This exceptional 9,600 square foot commercial property at 915 5th Street in Lincoln, IL, presents a remarkable investment opportunity. The building, constructed of durable block and stone, boasts a main floor featuring a large, open gathering area with hardwood floors and convenient side access via a ramp. A sizable kitchen/prep area, two bathrooms, and additional flexible space complete the main level. The lower level offers even more versatility, including a second kitchen/prep area equipped with a new vent hood, multiple office spaces, two more bathrooms, and a spacious open area previously used as a bar. A walk-in cooler and separate rear exterior access with a side ramp enhance functionality. The property benefits from an architectural roof, two HVAC units, a newer on-demand water heater, and vinyl windows. Ample parking is provided. This well-located building enjoys high visibility and consistent traffic flow, making it ideal for a variety of commercial uses. Note that scheduled events will continue on-site until closing. The solid construction and expansive layout offer endless possibilities for a creative and ambitious entrepreneur.
Property profile
VerifiedCap rate & NOI
Current use
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Association / Organization
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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