- 11,802
- sqft
- 1915
- year built
- Status:
- Active
- MLS #:
- 12471741
- County:
- Hancock
- Listed By:
- Brenda Young - Brenda Young Real Estate
- Office Phone:
- (217) 357-2145
- Agent Email:
- byoungrealestate@adams.net
Sponsoring Broker: Diane Glass, Berkshire Hathaway HomeServices Chicago
Looking for a commercial venture with the potential for additional growth?? With some renovations and updates, this property has the potential for quite a bit of additional rental income. Formerly operated as "Rally Point Bar & Grill" in Bowen, this commercial property includes 11,802 square feet to include a restaurant, bar, large commercial grade kitchen, multiple storage rooms, & up to 5 apartments available. This was a casual, family-friendly bar and grill that previously offered food, beverages, alcohol, gaming, and more. There are 2 parcels included with the sale. All business personal property and kitchen equipment will convey - a list of those are available upon request. This inventory includes a walk-in cooler, 3 big screen TVs, pizza oven, and so much more!! With some renovations, the apartment section could include more units &/or rentable rooms., Office SQFT M/L: 0, Retail SQFT M/L: 0, Manufacturing SQFT M/L: 0, Other SQFT M/L: 8052, Warehouse SQFT M/L: 0, Restaurant SQFT M/L: 3750, HiSpd Intrnt Fiber Avail
Highlights
- Commercial Sale
- Mixed Use
- Built in 1915
- 0.4 Acre Lot
- 418 days on Market
-
- Year Built
- 1915
-
- Stories
- 2.0
-
- Construction Materials
- Brick
-
- Acres
- 0.4
-
- Area
- Bowen
-
- County
- Hancock
-
- City
- Bowen
-
- Zip Code
- 62316
-
Nearby Schools
-
100out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Company NMLS #: 3446
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Price History
| 09/08/2026 | Price Changed | $80,000 |
| Source: Midwest Real Estate Data (MRED) #12471741 | ||
| 09/15/2025 | Listed | $120,000 |
| Source: Midwest Real Estate Data (MRED) #12471741 | ||
Source: MLS Data
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Similar Listings
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There are currently 3 properties available in Bowen, with 0 under contract to close soon. Properties in the city have an average sale price of $147,500 and typically spend 106 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 120 E 5th St?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 120 E 5th St.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 120 E 5th St?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $80,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Bowen, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 120 E 5th St?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 120 E 5th St at around $762. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 120 E 5th St?
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Or, let us connect you with our preferred local lender in Hancock County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 120 E 5th St?
In most cases, yes. Whether 120 E 5th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Bowen's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 120 E 5th St?
We can handle that for you. Our preferred local agent specializes in commercial sales in Bowen and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $80,000 with 11,802 sqft of space—that comes out to approximately $7 per square foot.
How long has this property been on the market?
120 E 5th St was listed on September 15, 2025, which means it's been on the market for 418 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1915, making it approximately 111 years old.
What is the lot size of this property?
120 E 5th St sits on a 0.4-acre lot, which is 17,424 square feet.
What are the property taxes for 120 E 5th St?
The most recent public record shows annual property taxes for 120 E 5th St were approximately $3,936. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 120 E 5th St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.
Last Updated: November 07, 2026 at 04:35PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12471741
