REIT Sale | Former Smokey Bones BBQ | Access to I-55/I-72 & 1,300 Hotel Rooms

Starting Bid $1

For Tours prior to auction, please email & **Tours will not be allowed after auction. 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.

7,443 SF Former Smokey Bones Restaurant: Commercial kitchen and 160 parking spaces remain on approximately 2.27 acres in Springfield.

270 Feet of Dirksen Parkway Frontage: Corridor carries approximately 11,704 VPD with I-55 and I-72 about one mile away nearby.

Surrounded by 1,300+ Hotel Rooms Nearby: Proximity to the Springfield Convention Center supports strong restaurant reuse demand.

$15 to $19 PSF NNN Estimated Market Rent: B-1 Highway Business Service zoning allows flexible commercial redevelopment options.

Auctioneer: Scott Bowers

Auctioneer License: 040000273

Auctioneer Company: Fisher Auction Company Inc.