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614 Broadway St Lincoln, IL 62656

Sponsored
For Sale
$250,000

Downtown Lincoln eatery, renovated, $250,000

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional commercial property, located at 614 BROADWAY Street in Lincoln, Illinois (zip code 62656), presents a unique investment opportunity. Priced at $250,000, this building is currently occupied by a restaurant that has been operating successfully for several years. The structure itself has undergone a complete and extensive renovation, leaving no detail overlooked. The interior boasts a welcoming entry area, a spacious and elegantly designed open-concept dining area featuring attractive tin ceilings and high-quality fixtures. A well-equipped prep area, a large kitchen, two separate bathrooms, ample storage space, and updated mechanical systems are all included. Rich cherry wood finishes add to the sophisticated ambiance throughout. The building has been home to the current restaurant since 2018, and the business has a long history in the community, having operated for 54 years. While the asking price is for the building only, the seller is open to discussions regarding the sale of the existing restaurant's personal property at an increased price. The only exceptions are one dough proofing bowl and an oval dining table. This property offers immense potential for a variety of commercial uses, and all reasonable offers will be considered. The property is situated in downtown Lincoln, providing excellent visibility and accessibility. This is a rare chance to acquire a beautifully renovated commercial building in a prime location.

Property Features for 614 Broadway St

General Information

Property type
Restaurants

HighLights

  • $250,000 asking price for the building only.
  • Downtown Lincoln, IL location at 614 Broadway Street, 62656.
  • Extensively renovated interior with open concept dining space, kitchen, two baths, and storage.
  • Building housed a restaurant for five years; business and personal property may be available for separate negotiation.
  • All reasonable offers considered.
Property Profile Location Intelligence

Current Use by Public Records

Sorrento's Pizzeria - Lincoln Pizza Restaurant

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Logan
State
Illinois
Longitude
-89.3617036
Latitude
40.1467604

FAQs

What type of property is this?
Restaurant - Downtown Lincoln eatery, renovated, $250,000
Where is this restaurant located?
The property is located at 614 Broadway St 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: $250,000 asking price for the building only.; Downtown Lincoln, IL location at 614 Broadway Street, 62656.; Extensively renovated interior with open concept dining space, kitchen, two baths, and storage.
More about this property
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