Restaurants

Centralia, IL Restaurants for Sale

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Sandoval, IL Dix, IL Salem, IL Mount Vernon, IL Patoka, IL Kell, IL Carlyle, IL Ashley, IL
Restaurant Building with Banquet Space
Updated: Sep 1
Restaurant Building with Banquet Space

235 N Locust St, Centralia, IL 62801

$440,000
6,179 sqft
Approximately 12,000 square feet across the lower and upper levels
60' x 60' upper‑level banquet and event room with side bar
Commercial kitchen with walk‑in cooler, freezer, storage, and dumbwaiter service
Three‑stage commercial elevator addition completed in 2015
Combined permitted occupancy of 418
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18-Hole Mini Golf Course
Updated: Aug 2
18-Hole Mini Golf Course

122 E Calumet St, Centralia, IL 62801

$349,900
606 sqft
18‑hole mini golf course paired with an ice cream and food‑service operation
Newly constructed in 2022
ADA accessible property
Sale includes the business, inventory, equipment, and fixtures
Outdoor seating and abundant parking
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18-Hole Golf Course
18-Hole Golf Course

2801 Putter Dr, Centralia, IL

$1,699,999
146.00 AC lot

Includes a pro shop, restaurant, bar, banquet hall, and lakeside outdoor dining.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Centralia, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Drive-Through Restaurant Building
Drive-Through Restaurant Building

102 N Park St, Sesser, IL 62884

$280,000
660 sqft

Corner-site commercial building with food-service improvements, walk-up ordering, and dedicated drive-through access.

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Historic Restaurant Buildings with Bar
Historic Restaurant Buildings with Bar

105 E Franklin St, Sesser, IL 62884

$75,000
6,000 sqft

Includes commercial kitchen infrastructure, a gaming area, walk-up apartment, storage, and patio space.

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Restaurant with Slot Machines
Restaurant with Slot Machines

2053 W Main Street, Salem, IL 62881

$989,000
0.67 AC lot

Brick restaurant with central air, rooftop equipment upgrades, commercial kitchen appliances, and an accessible ramp approach.

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Conventional Restaurant with Central Air
Conventional Restaurant with Central Air

2053 W Main Street, Salem, IL 62881

$989,000

Commercial kitchen includes gas cooking equipment, stainless steel appliances, refrigeration, and exhaust ventilation.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Land Along Interstate
Development Land Along Interstate

207 & 301 N 44TH ST, Mount Vernon, IL 62864

Contact for pricing
4.86 AC lot

4.86 acres of development land with interstate frontage.

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Off-Market Properties in Centralia, IL

Consider similar Off-Market properties in Centralia, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1310 Walton Way
Restaurants

1310 Walton Way, Centralia, IL 62801

Estimated value: by Request
1,424 sqft 0.74 AC lot
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Centralia, IL Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Centralia, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,785 square feet of properties for sale, with an estimated market value of $2,489,899.

Sale prices for restaurant properties in Centralia, IL start at $349,900, averaging $829,966, and reaching up to $1,699,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Bars & Pubs 1

Demographics Overview

Population 20K
Population Growth (5Y) -7.0%
Median Household Income $53,740
College Educated 21.5%

High-Yield Neighborhoods for Investment

Identify Centralia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62801 $395K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marion County

New Delisted

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