1577 Wabash Avenue, Springfield, IL Commercial Real Estate Auction

1577 Wabash Avenue, Springfield, IL Commercial Real Estate Auction

Auction starts to close Wednesday, June 10^th at 6:00 PM CT

1577 Wabash Avenue, Springfield, IL 62704

Inspection: Monday, June 8^th from 3:30 -5:00 PM CT

Lot Number:1

Prime Commercial Opportunity: Previously Barrel Head Restaurant and Bar 

Seize the chance to own a high-visibility, commercial property located at 1577 Wabash Ave, Springfield, IL. Known locally as "The Barrel Head," this strategically positioned venue offers an exceptional layout designed for high-volume hospitality and entertainment.

Property Highlights

•             Strategic Location: Situated on a high-traffic corner lot, ensuring maximum exposure and easy accessibility for your patrons.

•             Versatile Floor Plan: Spanning over 5,000 sq. ft., the facility features a spacious bar area, dual dining sections, and a dedicated game room to maximize revenue streams.

•             Professional Infrastructure: Includes a large, well-organized kitchen, a dedicated dish room, a walk-in cooler, and private office space.

•             Turnkey Potential: The building is purpose-built for restaurant or tavern operations, featuring distinct entryways and well-appointed restroom facilities. 

•             Parcel #s 22-08.0-178-020, 22-08.0-156-039, & 22-08.0-178-021

Additional Photos and information coming soon.

NOBODY IS EVER ALLOWED ON A PROPERTY UNLESS THEY ARE WITH A REALTOR, THE AUCTIONEER, OR ATTENDING A PUBLIC OPEN HOUSE.

        Terms: $15,000 Earnest Money with remaining balance due to closing.

 If financing is required, please have pre-approved, Sale of Property is not subject to financing

         No Buyer Contingencies

5% BUYER'S PREMIUM on the Real Estate 

Real Estate Is "Subject To Seller Approval"