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1616 N Dirksen Parkway

Springfield, IL 62702
  • $399,000
  • STATUS: Active
  • ON SITE: 124 Days
  • ID#: CA1010044
UPDATED: 44 min ago
$399,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

The Cove is an open and operating bar, package liquor with drive up and video gaming operation for sale with real estate in Sangamon County. It has a 3am liquor license so you can sell package, drinks and allow people to game here from 10am-3am. That's 17 hours of profits. One of a few 3am licenses and fills that late night niche that is extremely profitable. Avg of 13k in net gaming to the business per month in 2020. $34k per month in bar and package sales. 2,500 sq ft building on 1/3 acres of real estate is included. Semi-Absentee operated. Avg profits of $125 over the last 3 years.

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© 2022 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2022-01-24T17:45:04.63.
www.kathygarst.com/homes/121628314
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1616 N Dirksen Parkway Springfield, IL 62702

  • Price: $399,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 44 min ago
  • ID#: CA1010044
0
Beds
0
Baths
0
½ Baths
0.33
Acres
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
The Cove is an open and operating bar, package liquor with drive up and video gaming operation for sale with real estate in Sangamon County. It has a 3am liquor license so you can sell package, drinks and allow people to game here from 10am-3am. That's 17 hours of profits. One of a few 3am licenses and fills that late night niche that is extremely profitable. Avg of 13k in net gaming to the business per month in 2020. $34k per month in bar and package sales. 2,500 sq ft building on 1/3 acres of real estate is included. Semi-Absentee operated. Avg profits of $125 over the last 3 years.
Exterior Features

Exterior Finish Block Frontage Access City Street Roof Construction Flat Wall Construction Masonry

Interior Features

Bar 1 Cooling Central Air Flooring Concrete Gaming Room Area 1 Heating Forced Air Insulation Unknown Outdoor Dining Patio 1 Walk In Cooler 1 Walk In Freezer 0

Property Features

Amenities CableCommunity Wifi Annual Taxes 4484 Building Description 1 Story For Lease No For Sale Yes Foreclosure No Location Neighborhood Net Operating Income 0 Owner Pays Real Estate TaxesN/A Ownership Corporation Possible Financing ConventionalOther Poss Financing Property Use Other Property Use Sale Lease Includes BuildingBusinessInventoryLandLicense/Permits Sale Rent For Sale Security System Yes Sewer Source Public Sewer Short Sale No Tax Incentive None Tenant Pays N/A Terms Lease N/A Type Commercial/Cie Type1 Bar/TavernRetail Underground Storage Tank No Water Supply Municipal/City Zoning Commercial

Listing provided courtesy of Jerry George of The Real Estate Group, Inc..
© 2022 RMLS Alliance, LLC. All Rights Reserved.


© 2022 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2022-01-24T17:45:04.63.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711