Sportsman’s Lounge For Sale

SaleInvestmentRestaurant 3,038 SF
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229 W Mason St
Springfield, IL 62702
Price: $299,000
Building Size: 3,038 SF
Lot Size (acre): 0.30 AC
Zoning: S-2, Community Shopping and Office District
Tax PIN: 14-28.0-439-009, -010
Year Built (Remodeled): 1915 (2021)

Property Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer Sportsman’s Lounge for sale in Springfield, IL.  Sportsman’s Lounge is a fully operational and recently renovated bar and restaurant.  It is firmly established with a solid customer base serving Springfield for five decades.  The current owners revived the business and remodeled the property extensively in 2021.  The finished remodel included gutting the interior (bar, kitchen, and restrooms), updating the HVAC, plumbing, and electrical and installing new furniture, fixtures, and equipment.  Financials available upon request and with a completed confidentiality/NDA. 

The layout consists of a bar and dining area, a gaming area (5 machines), 2 restrooms, a full kitchen, a prep room, and a walk-in cooler.

Location Description

Sportsman’s Lounge is on the corner of Mason St and Rutledge St near Downtown Springfield and within the Mid-Illinois Medical District.  The location benefits from proximity to the large medical campus that includes two major hospitals (Memorial Medical Center, HSHS St. John’s Hospital) and the SIU School of Medicine, many government buildings, and the State Capitol tourism, which brings many regional and national visitors to the area every year.

Area Description

Springfield is the Capital of Illinois.  It is located in Central Illinois and is accessed by both Interstate 55 and Interstate 72.  It is approximately 202 miles southwest of Chicago and 92 miles northeast of St. Louis.  The historic US Route 66 crosses Illinois from Chicago to East St. Louis, which includes Springfield.