Johnny's Bar & Grill for sale

Retail-Commercial for Sale
Catylist Listing ID: 30478963
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 5,955 SF
Gross Land Area: 109,771 SF
Sale Price: $550,000
Unit Price: $92.36 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Business
Building Name: Johnny's Bar & Grill
Usable Size (USF): 5,955 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 3/28/2020

Overview / Comments

Great exposure, clientele and cash flow. New patio, new roof and video gaming.

Additional Details

Nearest MSA: Sterling
County: Whiteside
Taxing Authority: Sterling
Tax ID/APN: 1115478016
Zoning: NB NEIGHBORHOOD BUSINESS
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: HWY 2 & EAST 17th STREET
Property Visibility: Excellent
Largest Nearby Street: HWY2
Feet of Frontage: 325
Highway Access: HWY 2 IS ONE BLOCK SOUTH OF THE SUBJECT
Airports: DIXON MUNICIPAL AIRPORT
Site Description: THE SUBJECT IS A FREE STANDING BUILDING WITH AMPLE PARKING ON A LEVEL 2.52 ACRE LOT.
Area Description: MIXED USED OF COMMERCIAL, RETAIL, MULTIFAMILY AND SINGLE FAMILY RESIDENTIAL PROPERTIES.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,955 SF
Property Condition: Good
Year Built: 1981
Year Renovated: 2010
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: FRAME CONSTRUCTION WITH WOOD SIDING. ADDED DECK ON THE SOUTH SIDE OF THE BUILDING. AMPLE PARKING ON THE WEST HALF OF THE SITE.
Total Parking Spaces: 100
Parking Ratio: 20 (per 1000 SF)
Parking Type: Surface
Parking Description: BLACKTOP SURFACE PARKING SURROUNDING THE SUBJECT PROPERTY.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: THE INTERIOR IS SPLIT INTO FOUR MAIN AREAS: MAIN BAR, TWO DINING AREAS, AND A GAMING AREA.
Zoning Description: NB NEIGHBORHOOD BUSINESS
Lot Frontage: 324.8
Lot Depth: 307.1
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: FEE SIMPLE - RAHIT & RABLJE ALINI
Legal Description: IN OFFICE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,458 25,969 33,026
Median Age: 37.97 39.18 40.49
Households: 2,745 10,583 13,464

Contact

Photograph of Listing Agent

Tom Ewing CCIM CPM RPA MCR

KELLER WILLIAMS REALTY SIGNATURE CMCPEX Member
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