DER RATHSKELLER

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 29819014
Property Subtypes: Restaurant
Building Size (RSF): 4,029 SF
Gross Building Area: See Agent
Gross Land Area: 5,022 SF
Sale Price: $275,000
Unit Price: $68.26 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Building Name: DER RATHSKELLER
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2018

Overview / Comments

A RESTAURANT, DELICATESSEN & OUTDOOR BEER GARDEN. THIS ICON GERMAN RESTAURANT FEATURES SIGNATURE GERMAN CUISINE AND LARGE SELECTION DRAFT BEER; SEATING FOR 125 INSIDE AND 125 IN GARDEN AREA. KNOWN THROUGHOUT NORTHERN ILLINOIS IT OFFERS CHARMING BAR SETTING WITH PLEASANT OUTDOOR EATING EXPERIENCE IN 120+ SEAT GARDEN AREA - GAMING-VIEDO POKER. A REAL OPPORTUNITY TO THE RIGHT BUYER. PARKING CITY LOT ACROSS STREET PLUS ON STREET PARKING.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $6,600 (Annual)
Assessed Value - Total($) $44,819 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 11-14-428-026
Zoning: C2
Feet of Frontage: 100
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1950
Parking Type: Surface
Parking Description: CITY LOT ACROSS THE STREET PLUS ON STREET PARKING
Zoning Description: COMMERCIAL/RETAIL/BUSINESS
Lot Frontage: 100
Lot Depth: 54
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,283 111,429 194,106
Median Age: 36.21 36.36 37.74
Households: 7,002 44,269 76,631

Contact

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