Awesome breakfast restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30345513
Property Subtypes: Restaurant, Street Retail
Building Size (RSF): 2,424 SF
Gross Land Area: 2,550 SF
Sale Price: $99,900
Unit Price: $41.21 PSF
Property Use Type: Vacant/Owner-User
Building Name: The Coffee House
Usable Size (USF): 2,424 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/28/2018

Overview / Comments

Make a comfortable living serving breakfast only ! Very solid masonry building originally built as a bank, most recent use was as a breakfast restaurant. There is no full service restaurant in this town, which has great demographics. Nice 1 Br apartment makes for a very economic way to live and make a living ! Owner will consider financing for the right person.

Additional Details

Nearest MSA: Freeport
County: Stephenson
Taxing Authority: Stephenson County IL
Tax ID/APN: 11-07-33-331-006
Zoning: COMMERCIAL GENERAL
Retail Clientele: General, Family
Property Visibility: Excellent
Feet of Frontage: 30
Traffic/Vehicle Count: 4,300
Highway Access: us highway 73 frontage
Airports: rockford international
Site Description: Located right on major IL highway with high traffic count. High demand for a restaurant in this town
Area Description: In the heart of Lena IL
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,824 SF
Property Condition: Good
Year Built: 1920
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: solid building originally built as a bank
Total Parking Spaces: 2
Parking Type: Surface
Parking Description: 2 spaces for owner/tenant. Ample public parking for guests.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: T1/T3
Interior Description: Good condition inside, all equipment stays. Turnkey operation.
Zoning Description: commercial general. Liquor license and video gaming possible
Lot Frontage: 30
Lot Depth: 85
Water Service: Municipal
Sewer Type: Municipal
Easements Description: none noted
Land Ownership: fee simple
Legal Description: NWLY 85 FT LOT 38 ASSESSOR'S SUB OF SEC 33-28-6

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,991 3,429 5,189
Median Age: 39.52 42.4 43.14
Households: 823 1,405 2,063

Contact

Photograph of Listing Agent

Brian Borchardt

A-1 Agency ICEx Member
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