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Lori Prior
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316/318 N Main Street, Columbia, IL 62236

$1,200,000
  • 316/318 N Main Street, Columbia, IL 62236 Main Photo

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Featured Listing Active
MLS#26012176
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONColumbia

Property Description

Rare Two-Parcel Commercial Opportunity | Turnkey Business + Historic Building | This exceptional commercial offering includes two buildings on separate parcels, combining an established income-producing business, a historically significant structure, and substantial future expansion potential. Tavern Building, Business, & Contents Included. The tavern features over 3,500 square feet across two finished levels and is a productive, well-established operation. The entire business and contents are included in the sale. Built new from the ground up with no expense spared, this structure was thoughtfully designed for long-term durability, efficiency, and growth.Notable features include: 400-amp electrical service, Plumbing engineered to be highly freeze-resistant with easy access for service, Top-of-the-line, energy-efficient coolers, Infrastructure in place for future expansion, including gas service and plumbing to the rear patio for a potential outdoor presentation kitchen, SmartSide Diamond Coat siding, Commercial-grade True brand equipment, made in St. Louis, Solid oak bar, locally milled by Stone Tree, Bar seating constructed with exceptional wear-resistant materials, exceeding standards used by Vegas casinos, Integrated sound and camera systems, Flooring designed for easy maintenance and repair, LED halo lighting with adjustable color and brightness, A durable patio built to support long-term use and future enhancements. The main level operates as a busy, successful tavern, while the finished upper level provides flexibility-ideal for special events, private functions, or conversion into a custom concept or dream project. The second building, built in the 1850's, offers approximately 5,000 sq ft and blends historical character with income potential. Main level is over 3000 sq ft that houses a salon(400 sq ft)with a long-term tenant, providing steady rental income. Full upper floor with strong potential for residential rental living space, owner occupancy, or additional income use (buyer to verify). This is two parcels with with separate buildings. Turnkey business with high-quality construction and systems. Multiple income streams, Expansion-ready infrastructure, Historic appeal with modern functionality. This is a rare opportunity for investors, owner-operators, or entrepreneurs seeking a profitable business, character-rich property, and long-term growth potential in one compelling package.

316/318 N Main Street | MLS# 26012176

This commercial property located at 316/318 N Main Street, Columbia, IL 62236 is currently listed for sale by Strano & Associates, Ltd, with an asking price of $1,200,000. Search Columbia real estate on lprior.strano.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air, Electric
Heating: Forced Air, Natural Gas
Lot Size: 0.51 Acres
Taxes: $6,603

Feature Descriptions

Current Use: Bar/Tavern/Lounge
Days on Site: 14
Electric: Ameren
Exterior: Asphalt, Block, Concrete, Glass, Metal Siding, Vinyl Si
Laundry: Main Level, Multiple Locations
Parcel#: 04-16-481-002-000
Potential Use: Convenience Store, Professional Service, Restaurant, Retail
Road Frontage: City Street
Road Surface: Asphalt
Topography: Flat
Water: Public

Listed By / Shown By

Listed By

Agency Name: Strano & Associates, Ltd

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Shown By

Agent Name: Lori Prior
Agent Phone:

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/19/2026. The listing information on this page last changed on 03/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/19/2026 4:52:32 AM EST) or MARIS MLS (last updated Thu 03/19/2026 12:11:29 AM EST). Real estate listings held by brokerage firms other than Strano & Associates may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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