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2815 S Price Avenue

Springfield, IL 62563
  • $275,000
  • STATUS: Active
  • ON SITE: 218 Days
  • ID#: CA1012597
UPDATED: 44 min ago
$275,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1945
County:
Area:

School Ratings & Info

Description

The Penny Bar is a small neighborhood bar, grill and video gaming operation for sale with real estate in Springfield IL. There is a small kitchen with hood system and fire suppression. The video gaming currently brings in approximately $12,000/mos. Profitable, absentee owner operation. Has a 1am liquor license and you can sell package liquor to go. There is also an outdoor fenced in smoking area. Currently open from 8am-1am seven days a week. Good food, including home made pizzas sold out of the kitchen with popular fish frys on Fridays. Sells liquor, bottled beer and draft beer. Listing broker has a financial interest in the business. Full time manager and employees in place. Option to purchase adjacent rental properties. Historical financials available to qualified buyers with submission of a confidentiality agreement.

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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: 2022-10-02T17:46:01.847.
www.camporealty.com/homes/126143086
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2815 S Price Avenue Springfield, IL 62563

  • Price: $275,000
  • Status: Active
  • On Site: 218 Days
  • Updated: 44 min ago
  • ID#: CA1012597
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1945
Built
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
The Penny Bar is a small neighborhood bar, grill and video gaming operation for sale with real estate in Springfield IL. There is a small kitchen with hood system and fire suppression. The video gaming currently brings in approximately $12,000/mos. Profitable, absentee owner operation. Has a 1am liquor license and you can sell package liquor to go. There is also an outdoor fenced in smoking area. Currently open from 8am-1am seven days a week. Good food, including home made pizzas sold out of the kitchen with popular fish frys on Fridays. Sells liquor, bottled beer and draft beer. Listing broker has a financial interest in the business. Full time manager and employees in place. Option to purchase adjacent rental properties. Historical financials available to qualified buyers with submission of a confidentiality agreement.
Exterior Features

Construction Materials FrameWood Siding Outdoor Dining YN Yes Roof Asphalt/Fiberglass

Interior Features

Bar YN Yes Building Area Total 1670 Building Features CableWireless Internet Cooling Central Air Flooring Concrete Heating Forced AirGas Walk In Cooler YN Yes Walk In Freezer No

Property Features

Agent Owned Yes Financing Cash OnlyConventional For Lease YN No For Sale YN Yes Frontage Type City Street Lease Term Not Applicable Levels OneFree Standing Net Operating Income -2136 Owner Pays All Utilities Possible Use Freestanding BuildingRetailBar/TavernRestaurant Sewer Public Sewer Tax Annual Amount 2136 Tax Incentive1 None Tax Year 2021 Type Commercial Water Source City Water/Connected Zoning Commercial

Listing provided courtesy of Jerry George of The Real Estate Group, Inc.: [IDXCONTACTINFORMATION].
© 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: 2022-10-02T17:46:01.847.
 
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