614 Broadway StLincoln, IL 62656

  • Commercial real estate
For Sale
$250,000 View listing

Property Details for 614 Broadway St

Property type
Commercial real estate
APN
08-210-077-00
APU
821007700

Description

This extensively renovated 2,960 sq ft commercial building at 614 Broadway Street in Lincoln, IL, is available for $250,000. Located in the heart of downtown, this property boasts a stunning interior featuring a welcoming entry area, a spacious open-concept dining area with elegant tin ceilings and high-end fixtures. The building also includes a well-equipped prep area, a large kitchen, two bathrooms, ample storage, and updated mechanical systems. Rich cherry wood finishes are showcased throughout. The building has housed a successful local business, Sorrento's, since 2018, which has operated in Lincoln for 54 years. While the business is not included in the sale price, the seller is open to discussions regarding the sale of the personal property at an additional cost. All supplies and furnishings (excluding one dough proofing bowl and oval dining table) are available for purchase. The building presents a fantastic opportunity for a variety of commercial uses, allowing for creative adaptation to suit the buyer's needs. All reasonable offers will be considered. The property sits on a 0-acre lot.

Location Insight

City
Lincoln
County
Logan
State
Illinois
Latitude
40.1467
Longitude
-89.3617
CBSA code
30660
CBSA name
LINCOLN, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,305
$9,040
$15,330
$24,370
-
$27,120
$45,990
$73,110

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