RECENTLY RENOVATED SECOND-GENERATION RESTAURANT BUILDING FOR SALE OR LEASE

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer this recently renovated second-generation restaurant building for sale or lease. A Korean BBQ restaurant operates at the property after undergoing an extensive $1M remodel. The finished remodel includes exterior updates (fresh paint), interior updates (dining/bar area demo, new partitions, new floor tile & marble/granite finishes, 30 new hot pot tables, new chairs, bar/counter installation, new kitchen equipment and appliances) and electrical (new lighting & receptables), mechanical (exhaust fan), and plumbing updates. The layout consists of a full commercial kitchen, customer seating for 172 in multiple dining areas and a bar area, and 2 ADA-compliant restrooms. The kitchen contains 3 hood ventilation systems (1-4’ hood, 1-13’ hood, and 1-7.5’ hood), 1 walk-in beer cooler (6’ x 11’), 1 walk-in cooler (12’ x 14.5’), 2 walk-in freezers (both 6.5’ x 11’), and a 3-compartment sink. Also, there is a private office, storage room, and 2 employee restrooms in the kitchen area. The offering includes all furniture, fixtures, and equipment. The property is located on the west side of Springfield. It has visibility from Veterans Pkwy/Rt. 4 (29,400 AADT), the main retail artery and thoroughfare in Springfield. It is minutes away from several large residential neighborhoods and Interstate 72. The trade area includes White Oaks Mall (Macy’s, Dick’s, Esporta Fitness, Cooper’s Hawk), White Oaks Plaza (Home Goods, Kohl’s, TJ Maxx, Harvest Market, Big Lots), and Sam’s Club among many other restaurants, amenities, and professional services.