614 BROADWAY Lincoln IL 62656

$ 450,000.00
  • Property ID: 300187
  • Date added: 06/27/23
  • OriginalListPrice: 495000
  • Post Updated: 2023-10-06 04:14:03
  • Type:
  • Status:
  • MLS #: RMACA1017551

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Description

Ever dreamt of owning your own pizza shop? Here is your chance to own a turn key well established and meticulously greased local establishment! Sorrento’s has been owned, loved, and grown by the same family for the past 53 years! Relocated to its current location in 2018, the structure has been extensively renovated inside from top to bottom — no detail left behind and no cost spared! Interior features a great entry/greeting area, fabulous open concept dining space with elegant tin ceilings and timeless fixtures, prep area, large kitchen area, two separate baths, mechanicals, and storage space. Rich cherry wood finishes throughout furthermore showcase this popular establishment. All supplies, furnishings, etc. to remain with exception of one dough proofing bowl and oval dining table. Dishwasher, soda dispenser, and water softener are leased. Open for dine in, carryout, and/or delivery currently, you can literally turn the key and begin running this popular downtown restaurant! Seller willing to provide a $10,000 credit to buyer(s) at settlement to use toward inventory, advertising, etc. All reasonable offers will be considered — let’s talk!

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Location Details

  • County: Logan
  • Directions to Property: Property is located at 614 Broadway Street, Lincoln.
  • Zoning: Commercial

Property Details

  • BuildingAreaTotal: 2960
  • Cooling: Central Air
  • Levels: One

Property Features

  • VirtualTourURLUnbranded: https://youtu.be/7QU3lRXrtYc
  • MlgCanView: 1
  • HEATING: Forced Air, Gas
  • FRONTAGE/ACCESS: City Street
  • FLOORING: Carpet, Tile/Vinyl
  • SEWER SOURCE: Public Sewer
  • WATER SUPPLY: Municipal/City
  • ADDITIONAL AMENITIES: Lincoln

Fees & Taxes

  • Tax Year: 2022
  • TaxAnnualAmount: 2247.92

Miscellaneous

  • OWNER PAYS: All Utilities
  • PROPERTY USE: Restaurant
  • Net Operating Income: -2248

Courtesy of

  • Office Name: ME Realty

This style property is located in Lincoln is currently and has been listed on Rhoades Real Estate. This property is listed at $ 450,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

  • NEWS
  • 3 days ago by

    352 N 2nd, Canton - 1 possible 2 bedroom in move-in condition. Interior freshly painted; carpets recently cleaned and newer wiring. Window air conditioner stays, not warranted. Older shed stays, needs some TLC. Basement entrance is on back porch-pull up door. 3 newer windows (2nd bedroom has no closet), 100 amp. Main floor laundry. Sold AS IS . PRICE REDUCED!! MOTIVATED SELLER!
  • 4 days ago by

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    3 days ago Keith Gallo
    Peoria
    3 days ago Angela Abbott Cousins
    Keith Gallo where you headed?
    3 days ago Linda Anderson Walter
    Does the house have main floor laundry? Walk-in shower?
    3 days ago Keith Gallo 1
    Linda Anderson Walter main floor laundry but tub on main floor shower in basement
    3 days ago Linda Anderson Walter
    Keith Gallo thank you.
    4 days ago Adrienne Davis 1
    Denise Daniels Darian Schneider Dawson R. Daniels
  • 1 week ago by

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    PRICE REDUCED
    704 S Main, Lewistown
    Give us a call to schedule a tour. (309) 647-8811
  • 130 N. Main Street Canton, IL 61520

  • (309) 647-8811

  • RhoadesRealtors@gmail.com