Property summary
This turnkey restaurant and bar in downtown Taylorville, Illinois, presents a unique investment opportunity. Priced at $325,000, the property boasts a prime location at 309 E Vine Street, within easy reach of the city center. The expansive outdoor space features a covered bar and seating area, a large recreation area perfect for events like cornhole tournaments, a covered stage ideal for live music or fundraising events, meticulously landscaped areas with ample seating, and convenient food truck hookups. Inside, the establishment includes a spacious bar area, booths, tables, and chairs, along with multiple game tables such as a pool table, shuffle bowling, and arcade games. Two ADA-accessible restrooms are conveniently located near the main dining area. The commercial kitchen is designed for efficiency and profitability, equipped with high-end appliances including stone hearth ovens capable of cooking six 18-inch pizzas simultaneously, a ventless fryer, and a heated dough press. The property is zoned Industrial 1 and is ready for immediate operation. This versatile space is suitable for various uses, including community events, reunions, weddings, and live music performances. The extensive equipment list, while not fully detailed here, ensures a smooth transition for a new owner. This is an exceptional opportunity to acquire an established and profitable business in a vibrant downtown setting. The property's address is 309 E Vine Street, Taylorville, IL 62568.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
A. I-1 District: The purpose of the I-1 light industrial district is to provide for commercial uses, storage and those manufacturing uses not normally creating a nuisance discernible beyond its property.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Taylorville, ILA. I-1 District: The purpose of the I-1 light industrial district is to provide for commercial uses, storage and those manufacturing uses not normally creating a nuisance discernible beyond its property.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
A. I-1 District: The purpose of the I-1 light industrial district is to provide for commercial uses, storage and those manufacturing uses not normally creating a nuisance discernible beyond its property.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-1 in Taylorville, IL.
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