Investment Highlights
Recently Renovated
Offering includes all FF&E
Excellent West Side Location
Visible from Main Thoroughfare
Plenty of Seating
Near Many Rooftops and Shopping
Executive Summary
Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer this recently renovated second-generation restaurant building for sale or lease. A Korean BBQ restaurant operates at the property after undergoing an extensive $1M remodel. The finished remodel includes exterior updates (fresh paint), interior updates (dining/bar area demo, new partitions, new floor tile & marble/granite finishes, 30 new hot pot tables, new chairs, bar/counter installation, new kitchen equipment and appliances) and electrical (new lighting & receptables), mechanical (exhaust fan), and plumbing updates. The layout consists of a full commercial kitchen, customer seating for 172 in multiple dining areas and a bar area, and 2 ADA-compliant restrooms. The kitchen contains 3 hood ventilation systems (1-4? hood, 1-13? hood, and 1-7.5? hood), 1 walk-in beer cooler (6? x 11?), 1 walk-in cooler (12? x 14.5?), 2 walk-in freezers (both 6.5? x 11?), and a 3-compartment sink. Also, there is a private office, storage room, and 2 employee restrooms in the kitchen area. The offering includes all furniture, fixtures, and equipment. The property is located on the west side of Springfield. It has visibility from Veterans Pkwy/Rt. 4 (29,400 AADT), the main retail artery and thoroughfare in Springfield. It is minutes away from several large residential neighborhoods and Interstate 72. The trade area includes White Oaks Mall (Macy?s, Dick?s, Esporta Fitness, Cooper?s Hawk), White Oaks Plaza (Home Goods, Kohl?s, TJ Maxx, Harvest Market, Big Lots), and Sam?s Club among many other restaurants, amenities, and professional services. The property is located on the west side of Springfield. It has visibility from Veterans Pkwy/Rt. 4 (29,600 AADT), the main retail artery and thoroughfare in Springfield. It is minutes away from several large residential neighborhoods and Interstate 72. The trade area includes White Oaks Mall (Macy?s, Dick?s, Esporta Fitness, Cooper?s Hawk), White Oaks Plaza (Home Goods, TJ Maxx, Kohl?s, Big Lots, Harvest Market), and Sam?s Club among many other restaurants, amenities, and professional services. Springfield is the Capital of Illinois. It is located in central Illinois and is accessed by Interstate 55 and Interstate 72. It is approximately 202 miles southwest of Chicago and 92 miles northeast of St. Louis. The historic US Route 66 crosses Illinois from Chicago to East St. Louis, which includes Springfield.
