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618-277-4400

4,200 SF Former Restaurant/Bar

$150,000

Listing Resources

Listing Description

Former restaurant for sale in Pana, IL. 4,000+ SF building situated on 0.72 acre lot. The restaurant is equipped with 2 bars, multiple seating areas, and a kitchen that comes with all existing equipment. This property is a great opportunity for a restauranteur or could be completely re-developed for another use. The roof was replaced in 2024 and the recently graveled parking lot can accommodate 40+ cars. The property also features an outdoor fenced patio, multiple entrances, highway signage, and a new AC unit.

Located along IL Rte 16/Hwy 51, the traffic count is over 6,000 CPD.

Sale Price: $150,000

Listing Details

Listing No : 2968
Sale Or Lease : For Sale
Property Type(s) : Retail, Retail - Freestanding, Restaurant/Bar
Building Size (Sqft) : 4,208 Sqft
Lot Size (Acres) : 0.72 Acre(s)
Total Sqft Available : 4,208 Sqft
Sale Price : $150,000
Sale Price Per Sqft : $35.65
Parcel No : 11-25-23-101-003-00 ; 11-25-14-301-011-00
Zoning : C-1
Prior Use : Restaurant and Bar
Parking : 40
Parking Surface Type : Gravel
Property Tax : $6,523.08
Tax Year : 2023
Year Built : 1978
Roof : New in 2024
Exterior : Siding
Acres : 0.72 Acre(s)
Frontage : 163 ft
Depth : 769 ft

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