301 Grand AveSpringfield, IL 62702

This exceptional commercial property at 301 W North Grand Avenue in Springfield, Illinois, presents a unique investment opportunity. Currently operating as a restaurant and bar with gaming, this corner lot boasts ample parking and high traffic counts due to its proximity to the Memorial medical district. The asking price is $489,000. The existing building offers versatility, suitable for a variety of uses beyond its current configuration. The property includes a transferable gaming and liquor license, allowing for a seamless transition for a new owner. The potential for a drive-thru window adds further operational flexibility. Most of the existing furniture, fixtures, and equipment are available for purchase, streamlining the setup for a new business. Note that the dishwashing machine is leased. The roof was recently replaced in 2018, ensuring long-term structural integrity. This property is zoned for commercial and restaurant use, located in Sangamon County, Illinois, with a zip code of 62702. The geographic coordinates are 39.8165483 latitude and -89.6339212 longitude. This is a turnkey opportunity for an entrepreneur seeking a well-established business with significant growth potential in a high-traffic area.