316/318 N Main St, Columbia, IL 62236

$850,000

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List Price
$850,000
Price Change
▼ $140,000 1782871845
Days on Market
139
MLS#
26012176
Status
ACTIVE
Acres
0.51
Subdivision
Columbia
County
Monroe
Listing Type
Commercial

Property Description

Rare Two-Parcel Commercial Opportunity | Historic Building | This exceptional commercial offering includes two buildings on separate parcels, combining a former established income-producing business, a historically significant structure, and substantial future expansion potential. Tavern Building, & some contents Included. The former tavern features over 3,500 square feet across two finished levels and was a productive, well-established operation. This building now has endless possibilities. Built new from the ground up with no expense spared, this structure was thoughtfully designed for long-term durability, efficiency, and growth. Notable features include: 400-amp electrical service, Plumbing engineered to be highly freeze-resistant with easy access for service, Top-of-the-line, energy-efficient coolers, Infrastructure in place for future expansion, including gas service and plumbing to the rear patio for a potential outdoor presentation kitchen, SmartSide Diamond Coat siding, Flooring designed for easy maintenance and repair, LED halo lighting with adjustable color and brightness, A durable patio built to support long-term use and future enhancements. The main level formerly operated as a busy, successful tavern, while the finished upper level provided flexibility-ideal for special events, private functions, or conversion into a custom concept or dream project. The second building, built in the 1850's, offers approximately 5,000 sq ft and blends historical character with income potential. Main level is over 3000 sq ft that houses a salon(400 sq ft)with a long-term tenant, providing steady rental income. Full upper floor with strong potential for residential rental living space, owner occupancy, or additional income use (buyer to verify). This is two parcels with with separate buildings. There is potential for multiple income streams with it's Expansion-ready infrastructure, Historic appeal with modern functionality. This is a rare opportunity for investors, owner-operators, or entrepreneurs seeking a profitable business, character-rich property, and long-term growth potential in one compelling package.

Additional Information

Cooling
Central Air, Electric
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
Cash, Conventional

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Courtesy of Strano & Associates, Ltd

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