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Lori Prior
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223 N Pearl Street, Waverly, IL 62692

$125,000
  • 223 N Pearl Street, Waverly, IL 62692 Main Photo

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Active
MLS#25046413
STATUSActive PROPERTY TYPECommercial - Office SUBDIVISIONNot in a subdivision

Property Description

Located on the charming town square in Waverly, this 7,000 sq ft commercial property offers a rare blend of historic character and functional space, just 30 minutes from Springfield with convenient highway access. The property consists of two connected two-story buildings, with the south building dating to 1890 and the north building built in 1901, each contributing timeless appeal and solid construction.The property is currently operating as a business and generating income, providing immediate value for a new owner. With approximately 3,500 sq ft per level, the layout is well-suited for a variety of uses, including professional offices, restaurant or caf operations, boutique retail, or a multi-use business concept.The main floor is fully equipped and ready for continued operation, while the upper level offers a flexible, unfinished space ideal for expansion, whether additional offices, studio space, or storage. Interior features include classic wood flooring, durable brick and metal siding, and an impressive collection of commercial-grade kitchen equipment such as a built-in grill, double freezers, vented exhaust fans, wine/bar refrigerator, dishwasher, and ovens.Additional amenities include central air, forced-air heat, ceiling fans, full utility connections, and accessibility features such as a ramp entrance and wide doorways. Situated on a 0.15-acre lot in a highly visible, high-traffic location, this property offers excellent exposure and long-term potential.A unique opportunity for entrepreneurs, investors, or business owners seeking a move-in-ready commercial space with room to grow. All offers welcome.

223 N Pearl Street | MLS# 25046413

This commercial property located at 223 N Pearl Street, Waverly, IL 62692 is currently listed for sale with an asking price of $125,000. Search Waverly real estate on lprior.strano.com today.

Property Features

Property Type: Commercial - Office
Cooling: Ceiling Fan(s), Central Air
Heating: Forced Air
Lot Size: 0.15 Acres
Taxes: $1,033
Year Built: 1890

Feature Descriptions

Appliances: Dishwasher, Exhaust Fan, Freezer, Built-In Freezer, Instant Hot Water, Ice Maker, Indoor Grill, Microwave, Oven, Range, Range Hood, Built-In Refrigerator, Free-Standing Refrigerator, Vented Exhaust Fan, Water Heater, Bar Fridge
Current Use: Restaurant
Days on Site: 252
Electric: Ameren
Exterior: Brick, Metal Siding
Fencing: None
Parcel#: 19-11-204-006
Potential Use: Other, Professional/Office, Restaurant
Road Frontage: City Street
Topography: Flat

Listed By / Shown By

Listed By

Agency Name: Tarrant and Harman Real Estate and Auction Co

Shown By

Agent Name: Lori Prior
Agent Phone:
Agency Title: Strano & Associates

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