08/05/2026
📢📢📢💥Calling All Entrepreneurs & Dreamers!
129 S 4th St $255,000
If you've been searching for the perfect opportunity to own a restaurant, sports bar, or entertainment venue, this is your chance! This turnkey downtown property is fully equipped and ready for your vision to come to life. Whether you're opening your first business or expanding your portfolio, this one offers the infrastructure, location, and flexibility that's hard to find.
Step inside to discover an inviting bar and restaurant featuring exposed brick, updated vinyl flooring, spacious dining areas, and a fully equipped commercial kitchen complete with a gas-fired brick pizza oven, commercial grill, griddle, hood system, commercial dishwasher, prep stations, salad bar equipment, commercial refrigeration, ice maker, and everything needed to hit the ground running. Nearly all restaurant equipment and contents are negotiable with the sale, with the exception of select train memorabilia.
One of the property's most impressive features is the rare outdoor beer garden and entertainment patio—a true downtown gem. The expansive fenced patio includes an outdoor bar, ample seating space, lighting, signage, and endless opportunities for live music, special events, festivals, and seasonal entertainment that will keep customers coming back.
Looking for even more upside? The possibilities continue upstairs. The entire second floor has already been completely gutted, providing a blank canvas for your sweat equity. Create an incredible owner's loft overlooking downtown, or explore the opportunity to finish two one-bedroom apartments for additional rental income. Want to maximize the outdoor space even further? Investigate available grants, city approvals, and permits that may allow additional patio enhancements and expanded entertainment opportunities.
Additional features include:
* Approximately 3,960 square feet of building space
* Full walk-up basement with ample storage, walk-in coolers, and deep freezers
* Commercial cooler/freezer
* Two updated public restrooms
* Covered porches and second-story deck
* 10-car off-street parking lot plus nearby street parking
* Electric, natural gas, city water, and city sewer
* D3 Downtown Riverfront District zoning, allowing a wide variety of commercial, mixed-use, residential, and multifamily opportunities
This isn't just a building—it's an opportunity to create the destination everyone talks about. With a fully equipped restaurant, established entertainment space, incredible redevelopment potential, and negotiable equipment, the groundwork has already been laid.
**Bring your vision, roll up your sleeves, and turn this downtown landmark into your next success story!
Call Gem City Real Estate Group Agent Misty Dowling Designated Managing Broker For more information 217.440.1557