223 N Pearl ST, Waverly, IL 62692
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223 N Pearl ST, Waverly, IL 62692
223 N Pearl ST, Waverly, IL 62692
223 N Pearl ST, Waverly, IL 62692
223 N Pearl ST, Waverly, IL 62692
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Scott Schardan

Scott Schardan

+1(217) 473-0893
$ 125,000
Est. payment /mo
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223 N Pearl ST Waverly, IL 62692

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 25046413

Year Built 1890

Annual Tax Amount $1,033

Acres 0.15

Property Sub-Type Business

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.

Location

State IL

County Morgan

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Central Air

Flooring Wood

Fireplace N

Appliance 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

Exterior

Fence None

Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N No

Building

Structure Type Brick,Metal Siding

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Amy Quarton • Tarrant and Harman Real Estate and Auction Co

NEARBY SCHOOLS & PROPERTIES

Scott Schardan

Scott Schardan

Broker | License ID: 475.209411

+1(217) 473-0893

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223 N Pearl ST

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