$ 5,250,000
-
$5,250,000
Price -
0
Bed -
0
Bath -
10,510
SqFt
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About the Listing 25547 - 218948,236594
**Investment Opportunity: Tangled Roots Beverage Company - Washington, Illinois** Presenting a premier investment opportunity in the heart of downtown Washington, Illinois: the Tangled Roots Beverage Company building. This stunning property, undergoing a multimillion-dollar renovation, stands as a testament to modern design while contributing to the vibrant character of the town square. At the forefront of this investment is the first-floor restaurant, designed to attract a diverse clientele with its upscale finishes and inviting ambiance. The extensive renovations promise not only aesthetic appeal but also functionality, ensuring that the restaurant thrives in a competitive market. The second floor hosts a lively brew pub complemented by a rooftop bar that offers breathtaking views and a unique social atmosphere. These spaces are designed to maximize foot traffic and patron engagement, providing a robust revenue stream for years to come. One of the standout features of this property is the eight-year lease agreement with Tangled Roots, beginning April 20, 2025, which includes a five-year option for renewal. This long-term commitment provides stability and peace of mind for any investor, ensuring a steady income source while reducing tenant turnover risks. Additionally, the building houses four luxurious Airbnb residential units, each meticulously renovated to provide guests with upscale accommodations in a prime location. With high demand for short-term rentals in the area, these units promise consistent occupancy and profitability. Surrounded by a variety of businesses in a bustling square, this investment property is not just a restaurant; it is a multifaceted hub designed for growth and profitability. With Tangled Roots Beverage Company as your tenant, this investment assures sound returns in a thriving community. Explore the potential of this remarkable piece of architecture-an investment that embodies both aesthetic appeal and lucrative opportunities in Washington, Illinois.
Listing Highlights
Status
Active
Days on Site
36
Property Type
Commercial Sale
MLS ®
12522519
Year Built
1917
Total Square Footage
10,510
Lot/Acreage
0.11
County
Tazewell
Area
Washington
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 80' x 49' x 80' x 49' + 20' x 53' x 20' x 53'
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $7,865
- Taxes w/Assessments: N/A
- Tax/Property ID: 020224108016
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
140 Washington Square Washington, IL 61571
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