Property summary
This exceptional commercial property presents an unparalleled opportunity for a savvy investor. Located at 679 Old National Trail in Pocahontas, Illinois, this established restaurant boasts 2,388 square feet of well-maintained space, conveniently situated approximately 30 minutes from St. Louis. The property includes a spacious bar area and a generous dining room with seating for 55 patrons. A significant advantage is the potential to obtain a gambling license and reactivate the existing space previously dedicated to adult gaming. The sale includes all essential commercial kitchen equipment, such as a commercial-grade stove, oven, fryers, broiler, a large walk-in cooler, a four-tap kegerator, and an 80-inch bottle cooler. The property sits on two acres of idyllic countryside, offering ample room for expansion, the addition of outdoor seating, or the development of complementary businesses. Recent improvements include a new foam roof and gutters, installed in September 2024, ensuring long-term cost savings and peace of mind. This turnkey operation is ready for a new owner to step in and capitalize on its existing success and significant growth potential. The asking price for this remarkable property is $350,000.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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