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1616 N Dirksen Parkway

Springfield, IL 62702
  • $399,000
  • STATUS: Active
  • ON SITE: 240 Days
  • ID#: CA1010044
UPDATED: 58 min ago
$399,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

The Cove is an open and operating bar, package liquor with drive up and video gaming operation for sale with real estate in Sangamon County. It has a 3am liquor license so you can sell package, drinks and allow people to game here from 10am-3am. That's 17 hours of profits. One of a few 3am licenses and fills that late night niche that is extremely profitable. Avg of 13k in net gaming to the business per month in 2020. $34k per month in bar and package sales. 2,500 sq ft building on 1/3 acres of real estate is included. Semi-Absentee operated. Avg profits of $125 over the last 3 years.

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© 2022 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Campo Realty Inc.. Data last updated: 2022-05-20T09:45:17.353.
www.camporealty.com/homes/121628314
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1616 N Dirksen Parkway Springfield, IL 62702

  • Price: $399,000
  • Status: Active
  • On Site: 240 Days
  • Updated: 58 min ago
  • ID#: CA1010044
0
Beds
0
Baths
0
½ Baths
0.33
Acres
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
The Cove is an open and operating bar, package liquor with drive up and video gaming operation for sale with real estate in Sangamon County. It has a 3am liquor license so you can sell package, drinks and allow people to game here from 10am-3am. That's 17 hours of profits. One of a few 3am licenses and fills that late night niche that is extremely profitable. Avg of 13k in net gaming to the business per month in 2020. $34k per month in bar and package sales. 2,500 sq ft building on 1/3 acres of real estate is included. Semi-Absentee operated. Avg profits of $125 over the last 3 years.
Exterior Features

Construction Materials MasonryBlock Outdoor Dining YN Yes Roof Flat

Interior Features

Bar YN Yes Building Area Total 2500 Cooling Central Air Flooring Concrete Heating Forced Air Insulation Unknown Walk In Cooler YN Yes Walk In Freezer No

Property Features

Agent Owned No Financing ConventionalOther For Lease YN No For Sale YN Yes Foreclosure YN No Frontage Type City Street Lease Term Not Applicable Levels One Location Neighborhood Net Operating Income 0 Owner Pays NotapplicTaxes Ownership Type Corporation Possible Use OtherBar/TavernRetail Sale Lease Includes BuildingBusinessInventoryLandLicense/Permits Security System YN Yes Sewer Public Sewer Short Sale YN No Tax Annual Amount 4484 Tax Incentive None Tax Incentive1 No Tax Year 2020 Tenant Pays Notapplic Type Commercial Underground Storage Tank YN No Water Source Municipal/City Zoning Commercial

Listing provided courtesy of Jerry George of The Real Estate Group, Inc..
© 2022 RMLS Alliance, LLC. All Rights Reserved.


© 2022 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Campo Realty Inc.. Data last updated: 2022-05-20T09:45:17.353.
 
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