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406 East Adams Street
Springfield, IL 62701
Asking Price
$240K
Asset Type
Bar Retail
Class
Class B
What's Special
3,740 SF - Downtown Location - Extensive Improvements (2017-24) - Ideal for Bar/Taproom <ul><li>Prime Downtown Location </li><li>Consistent Pedestrian Traffic </li><li>Extensive Improvements (2017-2024) </li><li>Ideal for Bar/Taproom </li><li>Light Kitchen Capability (2nd FL) </li><li>Strong Tourism Anchors Nearby</li></ul>
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NOI
$80,000
Cap Rate
33.33%
DSCR
5.61
Strong
Cash-on-Cash
91.32%
Monthly Payment
$1,187.389
Annual Cash Flow
$65,751.331
