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Tangled Roots Craft Beer & Kitchen - Tenant 140 Washington Sq 10,510 SF 4-Star Retail Building Washington, IL 61571 $7,328,580 CAD ($697.30 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prime investment property in downtown Washington, Illinois, featuring a multimillion-dollar renovation that blends modern design with historic charm.
- First-floor upscale restaurant designed for high customer appeal and operational efficiency in a competitive dining market.
- Four fully renovated Airbnb units providing premium short-term accommodations and additional revenue streams in a high-demand area.
- Long-term stability with an eight-year triple net lease to Tangled Roots Beverage Company starting April 20, 2025, plus a five-year renewal option.
- Second-floor brew pub and rooftop bar offering panoramic views and a vibrant social atmosphere to drive strong patron engagement.
- Located in a bustling town square surrounded by thriving businesses, ensuring consistent foot traffic and long-term growth potential.
EXECUTIVE SUMMARY
**Investment Opportunity: Tangled Roots Beverage Company Triple Net Leased Building - 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.
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
10,510 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1920/2025
Price
$7,328,580 CAD
Price Per SF
$697.30 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
2.19
Lot Size
0.11 AC
Frontage
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-02-24-108-016 | Improvements Assessment | $0 CAD |
| Land Assessment | $133,805 CAD | Total Assessment | $133,805 CAD |
PROPERTY TAXES
Parcel Number
02-02-24-108-016
Land Assessment
$133,805 CAD
Improvements Assessment
$0 CAD
Total Assessment
$133,805 CAD
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Tangled Roots Craft Beer & Kitchen - Tenant | 140 Washington Sq
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