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223 N Pearl Street, Waverly, IL 62692

$99,900
  • 223 N Pearl Street, Waverly, IL 62692 Main Photo

44 Photos

Active
MLS#25046413
STATUSActive PROPERTY TYPECommercial - Office SUBDIVISIONNot in a subdivision

Property Description

Restaurant-ready commercial property located directly on the Waverly town square. This approximately 7,000-square-foot property includes two connected, two-story buildings and is currently operating as an income-producing business. The south building dates to 1890, and the north building was constructed in 1901. The main level is equipped for restaurant or food-service use and includes a built-in grill, double freezers, vented exhaust systems, wine and bar refrigeration, dishwasher, ovens, and additional commercial kitchen equipment. Much of what is needed to begin operations is already in place, making this a strong option for a restaurant, bar, catering business, bakery, or similar concept. Each floor offers approximately 3,500 square feet. The unfinished upper level provides plenty of room for storage or future expansion and could potentially be developed into offices, event space, studios, or additional commercial space. Additional features include wood flooring, brick and metal siding, central air, forced-air heat, ceiling fans, full utility connections, a ramp entrance, and wide doorways. The property sits on approximately 0.15 acres in a visible downtown location with convenient highway access and is about 30 minutes from Springfield. The sellers are motivated and will consider all reasonable offers. This is an opportunity to purchase an established commercial property with restaurant infrastructure already in place and room to grow.

223 N Pearl Street | MLS# 25046413

This commercial property located at 223 N Pearl Street, Waverly, IL 62692 is currently listed for sale with an asking price of $99,900. Search Waverly real estate on www.trophypa.com today.

Property Features

Property Type: Commercial - Office
Cooling: Ceiling Fan(s), Central Air
Heating: Forced Air
Lot Size: 0.15 Acres
Taxes: $1,033
Year Built: 1890

Feature Descriptions

Appliances: Dishwasher, Exhaust Fan, Freezer, Built-In Freezer, Instant Hot Water, Ice Maker, Indoor Grill, Microwave, Oven, Range, Range Hood, Built-In Refrigerator, Free-Standing Refrigerator, Vented Exhaust Fan, Water Heater, Bar Fridge
Current Use: Restaurant
Days on Site: 463
Electric: Ameren
Exterior: Brick, Metal Siding
Fencing: None
Parcel#: 19-11-204-006
Potential Use: Other, Professional/Office, Restaurant
Road Frontage: City Street
Topography: Flat

Listed By / Shown

Listed By

Agency Name: Tarrant and Harman Real Estate and Auction Co

Shown By

Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263

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