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    Pana, IL
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    Pana, IL Restaurants for Sale

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    Assumption, IL Nokomis, IL Herrick, IL Taylorville, IL Shelbyville, IL Cowden, IL Ramsey, IL Stonington, IL
    Historic Restaurant and Bar Venue
    Updated: Sep 8
    Historic Restaurant and Bar Venue

    504 E JACKSON Street, Pana, IL 62557

    $575,000
    0.91 AC lot
    0.91‑acre restaurant, bar, and entertainment property at 504 E Jackson Street in downtown Pana
    Former ice house restored in 2020 with exposed brick and two‑story vaulted ceilings
    2021 addition includes a full commercial kitchen and dedicated gaming room
    Outdoor area has a second full‑service bar, covered seating for 30+, and a performance stage
    Ample parking supports regular operations and larger gatherings
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Pana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Bar & Pub with Commercial Kitchen
    Bar & Pub with Commercial Kitchen

    204 W Gallatin Street, Vandalia, IL 62471

    $225,000
    0.19 AC lot

    Existing food-and-beverage improvements include commercial cooking infrastructure, cold storage, and dedicated storage areas.

    View details
    Historic Downtown Restaurant Building
    Historic Downtown Restaurant Building

    114 W MARKET Street, Taylorville, IL 62568

    $674,000

    Upper-level dining space includes a bar and views toward the courthouse and town square.

    View details
    Turn Key Restaurant For Sale
    Turn Key Restaurant For Sale

    102 E Park St, Taylorville, IL 62568

    Contact for pricing
    7,112 sqft 0.99 AC lot

    Restaurant in high traffic area with two lots.

    View details
    Absolute NNN Restaurant Leasehold
    Absolute NNN Restaurant Leasehold

    2737 Veterans Ave, Vandalia, IL 62471

    Contact for pricing
    3,290 sqft 1.17 AC lot

    Absolute NNN lease with over 14 years remaining and scheduled rental escalations plus renewal options for a single-tenant restaurant concept.

    View details

    Off-Market Properties in Pana, IL

    Consider similar Off-Market properties in Pana, 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.

    2517 Il-16
    Restaurants

    2517 Il-16, Pana, IL 62557

    Estimated value:
    by Request
    4,208 sqft 0.72 AC lot
    View details

    Pana, IL Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Pana, IL on our real estate platform.

    Sale prices for restaurant properties in Pana, IL average $575,000 — 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
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 6,859
    Population Growth (5Y) -3.6%
    Median Household Income $51,769
    College Educated 23.7%

    Taxes & Financing

    Average Loan-to-Value 65.0%

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