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    679 Old National Trl Pocahontas, IL 62275

    Sponsored
    For Sale
    $350,000

    Turnkey Warehouse, 2 Acres, Illinois

    Property size:
    2,388 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property presents a unique investment opportunity in Pocahontas, Illinois. Located at 679 Old National Trail, this 2,388 square foot warehouse sits on a generous 87,120 square foot lot (approximately 2 acres). Previously utilized as a restaurant, the building offers versatile space adaptable to various commercial uses. The existing structure includes a bar area, a dining room with seating for 55 patrons, and a fully equipped commercial kitchen featuring a stove, oven, fryers, broiler, large walk-in cooler, 4-tap kegerator, and an 80-inch bottle cooler. A room previously dedicated to adult gaming is also available, presenting potential for a gambling license. The property benefits from a recent upgrade, with the foam roof and gutters replaced in September 2024. The expansive lot provides ample room for potential expansion or the addition of supplementary structures. This turnkey property offers significant potential for a variety of commercial ventures, situated in a convenient location approximately 30 minutes from St. Louis. The property is zoned for commercial use and is ready for immediate occupancy. The asking price for this remarkable opportunity is $350,000. The property's address is 679 Old National Trail, Pocahontas, IL 62275.

    Property Features for 679 Old National Trl

    General Information

    Property type
    Distribution properties
    Square Feet
    2,388 SF

    HighLights

    • $350,000 asking price.
    • 2,388 square foot warehouse on 87,120 square foot lot.
    • Located at 679 Old National Trail, Pocahontas, IL 62275.
    • Turnkey restaurant with bar and dining area (seats 55).
    • Includes commercial kitchen equipment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nuby's Steakhouse Steak House

    Suggested Use

    Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Pocahontas
    County
    Bond
    State
    Illinois
    Longitude
    -89.505985
    Latitude
    38.8394142

    Nearby Similar for Sale

    • $105,000
      1,248 SF

      Well-Maintained Home with Garage

      Three-bedroom manufactured home with two-car garage and recent updates.
      5 E National St, Pocahontas, IL 62275
      View Details
    • $380,000
      4.84 Acres

      Pocahontas Commercial Property - High Traffic!

      Established Restaurant/Bar with 4.84 Acres
      143 Illinois Rte, Pocahontas, IL 62275
      View Details

    FAQs

    What type of property is this?
    Distribution property - Turnkey Warehouse, 2 Acres, Illinois
    Where is this distribution property located?
    The property is located at 679 Old National Trl Pocahontas, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 2,388 square foot warehouse on 87,120 square foot lot.; Located at 679 Old National Trail, Pocahontas, IL 62275.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    679 Old National Trl Pocahontas, IL 62275
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