Restaurant/Tavern/Bar

Retail-Commercial for Sale
Catylist Listing ID: 30651721
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 4,800 SF
Gross Land Area: 0.54 Acres
Sale Price: $350,000
Unit Price: $72.92 PSF
Property Use Type: Vacant/Owner-User
Building Name: Cronies
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/15/2020

Overview / Comments

Great location, high visibility and wonderful opportunity for turn key ready Bar/Tavern/Restaurant! Full equipped kitchen with unlimited potential. Large open area previously used for entertaining and banquets. 60 plus paved parking stalls and outside seating areas. Plenty of equipment can be packaged into the sale. Owner will consider rent to own or possible financing terms. Seller would also be willing to assist/train buyers. Newer roof and hot water heater.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Winnebago
Tax ID/APN: 0819453014
Zoning: CN
Retail Clientele: General, Family, Traveler, Tourist
Property Located Between: on west side frontage road south of 173
Property Visibility: Excellent
Largest Nearby Street: N 2nd St
Tenancy: Single Tenant
Number of Stories: 1
Typical SF / Floor: 4,800 SF
Property Condition: Average
Year Built: 1977
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Some wood siding and block
Total Parking Spaces: 62
Parking Type: Surface
Parking Description: Paved
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Satellite
Interior Description: Turn key bar/restaurant/tavern
Zoning Description: cn
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,741 53,722 118,120
Median Age: 39.33 40.69 40.24
Households: 3,329 21,470 46,838

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