Active
223 N Pearl Street
Waverly, IL 62692
$99,900
0 beds · 0 baths
Listing office: Tarrant and Harman Real Estate and Auction Co
Photo 1 of 40
About this home
Restaurant-ready commercial property located directly on the Waverly town square. This approximately 7,000-square-foot property includes two connected, two-story buildings and is currently operating as an income-producing business. The south building dates to 1890, and the north building was constructed in 1901. The main level is equipped for restaurant or food-service use and includes a built-in grill, double freezers, vented exhaust systems, wine and bar refrigeration, dishwasher, ovens, and additional commercial kitchen equipment. Much of what is needed to begin operations is already in place, making this a strong option for a restaurant, bar, catering business, bakery, or similar concept. Each floor offers approximately 3,500 square feet. The unfinished upper level provides plenty of room for storage or future expansion and could potentially be developed into offices, event space, studios, or additional commercial space. Additional features include wood flooring, brick and metal siding, central air, forced-air heat, ceiling fans, full utility connections, a ramp entrance, and wide doorways. The property sits on approximately 0.15 acres in a visible downtown location with convenient highway access and is about 30 minutes from Springfield. The sellers are motivated and will consider all reasonable offers. This is an opportunity to purchase an established commercial property with restaurant infrastructure already in place and room to grow.
Home facts
- Bedrooms
- 0
- Bathrooms
- 0
- Lot size
- 0.15 acres
- Property type
- Commercial Sale · Business
- Year built
- 1890
- Subdivision
- Not in a subdivision
- Days on market
- 454
- Listed on
- Jul 10, 2025
- Listing office:
- Tarrant and Harman Real Estate and Auction Co, 618-433-9436
- Listing agent:
- Amy Quarton
- MLS number:
- 25046413
Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com
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MARIS data last updated at October 24, 2026 at 2:45 AM CDT.
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