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

Highlights:

• Second-Generation Restaurant Opportunity: ±7,443 SF former Smokey Bones on huge ±2.27 acres offers built-in infrastructure for fast reuse.
• Signalized Corner Near I-55 and I-72: S. Dirksen Parkway exposure reaches ±11,704 VPD with interstate access about one mile away.
• 160 Parking Spaces on Expansive Parcel: Large paved field, monument signage, and ±270 feet of frontage support flexible operations.
• Food-Service Buildout Ready for Reuse: Commercial kitchen, walk-in cooler/freezer, and dining areas can reduce startup needs for new users.
• Hospitality Cluster Drives Customer Demand: More than 1,300 nearby hotel rooms and convention activity support recurring visitor traffic.
• Absolute $1 Auction: First Bid Meets Reserve!

Description:

For more information visit:
https://rimarketplace.com/auction/3382/retail/springfield/il?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=october21_2026&utm_content=retail_3382


For Tours prior to auction, please email Kyle.Hynes@marcusmillichap.com & Philip.Kates@marcusmillichap.com
**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.


Location
Springfield, Illinois is the state capital and a Central Illinois hub for government, healthcare, education, and tourism. The Property sits along S. Dirksen Parkway about one mile from I-55 and I-72, near hotels, restaurants, and major employers. The 5-mile trade area includes ±98,581 residents with average household income of ±$90,644, supporting broad consumer demand.


Bidding Opens
Oct 20 12:00 AM
Bidding Closes
Oct 22 12:00 AM

Documents: