1577 Wabash AveSpringfield, IL 62704

This exceptional commercial property at 1577 W Wabash Avenue, Springfield, IL 62704, presents a lucrative investment opportunity. Priced at $599,000, this offering encompasses three parcels of land totaling approximately half an acre, including an overflow parking lot across Leonard Street. The main building, a completely rebuilt bar and restaurant (2007), boasts a spacious layout ideal for continued operation or redevelopment. Key features include two distinct dining areas, a large central bar, a substantial gaming room, a manager's office, and a private upper-level office suite complete with a kitchenette and full bathroom. The property's strategic location on the near west side of Springfield offers excellent visibility and accessibility. Its substantial size and versatile configuration make it suitable for a variety of commercial uses, presenting significant potential for growth and return on investment. The property's history as a successful restaurant provides a strong foundation for future success, whether continuing the existing business or adapting the space for a new venture. This is a rare opportunity to acquire a well-established commercial property with significant land holdings in a desirable Springfield location. The property's combination of existing infrastructure and ample land provides flexibility for expansion or future development.