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About This Home

This 0-bedroom, 0-bathroom commercial at 140 Washington Square in Washington, IL is listed for $4,900,000. Built in 1917, on a 0.11 acres lot.

Agent Description

**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.

Key Features

  • Built in 1917
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
1917

Amenities

A/C

Monthly Cost Estimate

$26,206/mo

20% down · 6.5% · 30 years

Principal$3,544
Interest$21,233
Insurance$1,429

Estimates only. Actual payments may vary.

Location

140 Washington Square

Washington, IL 61571

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 140 Washington Square is listed at $4,900,000. The estimated monthly payment is $21,233 based on 20% down at 6.5% interest.

Key features include: Built in 1917, 0.11 acre lot, 2 stories.

This property is listed by John Dunholter and can be reached at (630) 551-8005 or johndunholter@gmail.com.

JD

John Dunholter

Agent at Brummel Properties, Inc.

(630) 551-8005

Listed by Brummel Properties, Inc.

MLS# 12522519· Source: listhub· Updated 188 days ago

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140 Washington Square, Washington, IL 61571

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