313 Canal StAnnawan, IL 61234

For Sale
$575,000

Turnkey Restaurant, 10,081 SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 10,081 square foot commercial property, located at 313 N CANAL Street in Annawan, Illinois, presents a unique investment opportunity. Built in 1968 and recently renovated, this multi-use building is currently vacant and ready for a new owner to capitalize on its versatile layout. The property features a fully equipped restaurant, a bar area perfect for socializing, a spacious banquet hall ideal for events, and several game rooms providing entertainment options. Additional amenities include dedicated office spaces for administrative functions and a full catering kitchen, ensuring seamless operation. A substantial full basement offers ample storage space. The building is situated in Henry County, Illinois, with convenient access via its address on N CANAL Street and zip code 61234. The property is classified as retail and special purpose, offering flexibility for various commercial ventures. Fixtures, furniture, and equipment (FF&E) are sold separately, providing the buyer with the opportunity to customize the space to their specific needs and brand. This is a prime opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The asking price is $575,000.

Highlights

  • Asking price: $575,000
  • 10,081 square foot retail/special purpose building
  • Vacant, offering immediate occupancy
  • Located at 313 N CANAL Street, Annawan, IL 61234
  • Single building constructed in 1968
  • Previously configured as a multi-use space including restaurant, bar, banquet hall, game rooms, offices, catering kitchen, and full basement. Furniture, fixtures, and equipment (FF&E) sold separately.

Property Details for 313 Canal St

Property type
Other specialty properties, Other retail properties
Square Feet
10,081 SF
Year Built
1968
Buildings
1

Location Insight

City
Annawan
County
Henry
State
Illinois
Latitude
41.4022909
Longitude
-89.9039656
313 Canal St, Annawan, Illinois
Leaflet | © OpenStreetMap contributors

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313 Canal St
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