Vacant-User
$1 Auction - REIT Sale | Former Smokey Bones BBQ | Access to I-55/I-72 & 1,300 Hotel Rooms
2660 S Dirksen Pkwy, Springfield, IL 62703
Starting Bid: $1
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3382/retail/springfield/il
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2660 S. Dirksen Parkway in Springfield, Illinois is a vacant ±7,443 SF second-generation restaurant/retail building on ±2.2654 acres offered significantly below replacement cost, presenting an attractive opportunity for owner-users, investors, or developers to acquire a highly visible restaurant asset at an exceptional basis. Built in 1996 and formerly occupied by Smokey Bones, the Property features approximately 160 parking spaces, monument signage, ±270 feet of frontage along S. Dirksen Parkway, and existing commercial kitchen, dining, walk-in cooler/freezer, and restaurant infrastructure. The corridor carries ±11,704 VPD, with I-55 and I-72 approximately one mile away. CoStar reports retail market rents of approximately $15–$19 PSF NNN. B-1, Highway Business Service District zoning, provides flexibility for a variety of potential uses, subject to municipal approvals. Surrounded by 1,300+ hotel rooms and near the Springfield Convention Center, the Property offers strong potential for restaurant reuse, lease-up, owner occupancy, repositioning, or redevelopment.
$1 Auction - REIT Sale | Former Smokey Bones BBQ | Access to I-55/I-72 & 1,300 Hotel Rooms
Investment Highlights
- ABSOLUTE $1 AUCTION | Former Smokey Bones BBQ | Access to I-55/I-72 & 1,300 Hotel Rooms | AUCTION OCTOBER 19-21
- Second-Generation Restaurant Opportunity - ±7,443 SF former Smokey Bones on huge ±2.27 acres offers built-in infrastructure for fast reuse.
- Signalized Corner Near I-55 and I-72 - S. Dirksen Parkway exposure reaches ±11,704 VPD with interstate access about one mile away.
- 160 Parking Spaces on Expansive Parcel - Large paved field, monument signage, and ±270 feet of frontage support flexible operations.
- Food-Service Buildout Ready for Reuse - Commercial kitchen, walk-in cooler/freezer, and dining areas can reduce startup needs for new users.
- Hospitality Cluster Drives Customer Demand - More than 1,300 nearby hotel rooms and convention activity support recurring visitor traffic.
- Absolute $1 Auction - First Bid Meets Reserve!
Exclusively Listed By
Broker of Record
-
Steven Weinstock
Senior Managing Director, Market Leader - Chicago
Vacant-User
$1 Auction - REIT Sale | Former Smokey Bones BBQ | Access to I-55/I-72 & 1,300 Hotel Rooms
Starting Bid: $1
Investment Highlights
- ABSOLUTE $1 AUCTION | Former Smokey Bones BBQ | Access to I-55/I-72 & 1,300 Hotel Rooms | AUCTION OCTOBER 19-21
- Second-Generation Restaurant Opportunity - ±7,443 SF former Smokey Bones on huge ±2.27 acres offers built-in infrastructure for fast reuse.
- Signalized Corner Near I-55 and I-72 - S. Dirksen Parkway exposure reaches ±11,704 VPD with interstate access about one mile away.
- 160 Parking Spaces on Expansive Parcel - Large paved field, monument signage, and ±270 feet of frontage support flexible operations.
- Food-Service Buildout Ready for Reuse - Commercial kitchen, walk-in cooler/freezer, and dining areas can reduce startup needs for new users.
- Hospitality Cluster Drives Customer Demand - More than 1,300 nearby hotel rooms and convention activity support recurring visitor traffic.
- Absolute $1 Auction - First Bid Meets Reserve!
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3382/retail/springfield/il Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2660 S. Dirksen Parkway in Springfield, Illinois is a vacant ±7,443 SF second-generation restaurant/retail building on ±2.2654 acres offered significantly below replacement cost, presenting an attractive opportunity for owner-users, investors, or developers to acquire a highly visible restaurant asset at an exceptional basis. Built in 1996 and formerly occupied by Smokey Bones, the Property features approximately 160 parking spaces, monument signage, ±270 feet of frontage along S. Dirksen Parkway, and existing commercial kitchen, dining, walk-in cooler/freezer, and restaurant infrastructure. The corridor carries ±11,704 VPD, with I-55 and I-72 approximately one mile away. CoStar reports retail market rents of approximately $15–$19 PSF NNN. B-1, Highway Business Service District zoning, provides flexibility for a variety of potential uses, subject to municipal approvals. Surrounded by 1,300+ hotel rooms and near the Springfield Convention Center, the Property offers strong potential for restaurant reuse, lease-up, owner occupancy, repositioning, or redevelopment.
Exclusively Listed By
Broker of Record
-
Steven Weinstock
Senior Managing Director, Market Leader - Chicago
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