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300 E Laurel Street

Springfield, IL 62703
  • $895,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: CA1027695
UPDATED: 86 min ago
$895,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Gabatoni's Restaurant has been in business for over 60 years. The current owner is retiring and ready to let someone else take over the operation. For this reason, the restaurant has been put up for sale. Centrally located, the restaurant occupies 2,040 square feet of restaurant/bar space and is open 6 days per week, currently offering carry out and delivery only. Gabatoni's will continue to operate as normal until a Buyer is found. The business is not closing. The sale includes all business assets, the real estate, the Gabatoni's name, secret recipes for all menu items, intangible assets, furniture, fixtures and equipment.

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© 2024 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: 2024-04-17T17:12:15.307.
www.kathygarst.com/homes/148319632
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300 E Laurel Street Springfield, IL 62703

  • Price: $895,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 86 min ago
  • ID#: CA1027695
0
Beds
0
Baths
0
½ Baths
0.34
Acres
Neighborhood:
Springfield
County:
Sangamon
Area:
Springfield
Property Description
Gabatoni's Restaurant has been in business for over 60 years. The current owner is retiring and ready to let someone else take over the operation. For this reason, the restaurant has been put up for sale. Centrally located, the restaurant occupies 2,040 square feet of restaurant/bar space and is open 6 days per week, currently offering carry out and delivery only. Gabatoni's will continue to operate as normal until a Buyer is found. The business is not closing. The sale includes all business assets, the real estate, the Gabatoni's name, secret recipes for all menu items, intangible assets, furniture, fixtures and equipment.
Exterior Features

Construction Materials Vinyl SidingFrame Outdoor Dining YN No Roof Flat

Interior Features

Bar YN Yes Building Area Total 2048 Cooling Central Air Flooring ConcreteTile/Vinyl Heating Forced Air Walk In Cooler YN Yes Walk In Freezer Yes

Property Features

Agent Owned No Disclosed Short Sale No Financing Cash OnlyConventional Foreclosure YN No Frontage Type City Street Levels One Possible Use RetailRestaurant Sewer Public Sewer Tax Annual Amount 4987.92 Tax Incentive1 None Tax Year 2023 Type Commercial Water Source Municipal/City Zoning Commercial

Listing provided courtesy of Dan Sperry of The Real Estate Group, Inc.: Pref: 217-725-2467.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 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: 2024-04-17T17:12:15.307.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711