416 W Washington St

Retail-Commercial for Sale
Catylist Listing ID: 30724950
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 2,100 SF
Gross Building Area: See Agent
Sale Price: $420,000
Unit Price: $200 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/12/2021

Overview / Comments

THE CHILE PEPPER CAFE is being offered for sale! Here is your chance to own a piece of property in booming downtown Oregon with a well established bar and grill. Locals love the Chile Pepper along with other regulars that travel from afar. Known for the great atmosphere and delicious food, this business is being sold completely turn key! The sale includes the real estate along with all equipment. There is seating inside for nearly 70 guests comprised of pub tables and a bar space. The building is ADA accessible, has ample storage and a large kitchen. Added ambiance with the large window with views of the beautiful and historic courthouse and downtown Oregon. High traffic count along Route 64/North Avenue. If you have always dreamed of owning a bar, do not miss your chance to call this successful bar and grill yours!

Additional Details

Nearest MSA: Rochelle
County: Ogle
Tax ID/APN: 16-03-159-013
Retail Clientele: General, Family, Business, Tourist
Property Visibility: Excellent
Largest Nearby Street: ROUTE 64
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Construction/Siding: Brick
Total Parking Spaces: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Per Title

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,519 4,119 8,191
Median Age: 42.65 43.3 45.54
Households: 1,546 1,794 3,520


Photograph of Listing Agent

Rebecca Hazzard

RE/MAX of Rock Valley
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