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    Waterloo, IL Saint Louis, MO Oakville, MO Dupo, IL Millstadt, IL Arnold, MO Lemay, MO Valmeyer, IL
    Two-Parcel Historic Tavern Property
    Updated: Jul 20
    Two-Parcel Historic Tavern Property

    316/318 N Main St, Columbia, IL 62236

    $850,000
    Two commercial buildings on separate parcels, including a former tavern and a separate historic 1850s structure.
    Former tavern building has 3,500+ SF across two finished levels, with main level designed for tavern use and an upper level for flexible uses.
    Tavern building includes 400‑amp electrical service, energy‑efficient coolers, LED halo lighting, and freeze‑resistant plumbing with service access.
    Expansion‑ready infrastructure includes gas service and plumbing to the rear patio for a potential outdoor presentation kitchen.
    Historic 1850s building is approx. 5,000 SF; main level is 3,000+ SF with a 400 SF salon long‑term tenant.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Columbia, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Freestanding Drive-Through Restaurant Building
    Freestanding Drive-Through Restaurant Building

    8500 Morganford Rd, Saint Louis, MO 63123

    $427,000

    Freestanding restaurant with drive-thru window, commercial kitchen, and a current donut-house lease for turnkey ownership.

    View details
    Street-Level Storefront with Upper Apartments
    Street-Level Storefront with Upper Apartments

    3801 Marine Avenue, St, Louis, MO 63118

    $155,000
    3,894 sqft 0.06 AC lot

    Street-level retail space with open layout and high ceilings, plus upper floor configured for two residences.

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    Tavern with Apartment Above
    Tavern with Apartment Above

    6023 Virginia Avenue, St, Louis, MO 63111

    $374,900
    0.13 AC lot

    Turnkey neighborhood bar with an income-generating apartment and an upper-level office for business management.

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    Neighborhood Bar with Patio Apartment
    Neighborhood Bar with Patio Apartment

    4701 Michigan Ave, Saint Louis, MO 63111

    $175,000

    Established bar plus second-floor 1-bedroom, 1-bath apartment with fenced patio and detached garage.

    View details

    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.

    Corner Commercial Land Lot
    Corner Commercial Land Lot

    212 Bradford Lane, Waterloo, IL 62298

    $40,000
    0.26 AC lot

    Corner commercial land with high-traffic visibility and easy access, suited for a range of small commercial developments.

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    B-3 Zoned Commercial Lot Parcel
    B-3 Zoned Commercial Lot Parcel

    Columbia Ave. Lot 15, Waterloo, IL 62298

    $150,000
    1.98 AC lot

    Multiple commercially zoned lots with utilities nearby and frontage on IL Route 3.

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    B-3 Zoned Commercial Land Lots
    B-3 Zoned Commercial Land Lots

    Station Crossing Lot 6, Waterloo, IL 62298

    $250,000
    1.67 AC lot

    Twelve commercial lots, including frontage on IL Route 3, with utilities available for development under B-3 zoning.

    View details
    Zoned B-3 Commercial Corner Lot
    Zoned B-3 Commercial Corner Lot

    Station Crossing Lot 7, Waterloo, IL 62298

    $325,000
    2.00 AC lot

    B-3 zoned corner commercial lot with nearby utility access and options for lot splitting and frontage along IL Route 3.

    View details

    Columbia, IL Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Columbia, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for restaurant properties in Columbia, IL start at $850,000, averaging $850,000, and reaching up to $850,000 — 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

    Bars & Pubs 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +3.0%
    Median Household Income $112,070
    College Educated 67.4%

    Taxes & Financing

    Average Loan-to-Value 65.0%

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