101 W Monroe St - Bar FOR SALE


Carbondale, IL 62901
$1,950,000 USD
618-925-4653
101 W Monroe St, Carbondale, IL for Sale
$1,950,000 USD
Bar - FOR SALE
1/42
null | 3.97% Cap Rate

101 W Monroe St
Carbondale, IL 62901


HIGHLIGHTS

  • Located in Downtown Carbondale
  • Well-established business

OVERVIEW

Located in the heart of Carbondale, 101 Monroe offers a rare opportunity to own a well-established, thriving business in one of the city’s most promising areas. Ideally located between the soon-to-be-completed Southern Illinois Multimodal Station and the highly anticipated Downtown Entertainment Plaza, this property is set to benefit from increased traffic and visibility. This iconic establishment boasts a strong local following, consistent revenue, and multiple income streams. With ongoing upgrades and a solid reputation for service and entertainment, it’s a true turn-key opportunity for an investor or entrepreneur ready to step into success. The seller is ready to retire and will consider seller financing for qualified buyers—making this an even more attractive investment. Let's get your tour scheduled!

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

3.97%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

101 W Monroe & 201 S University

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,168 SF

ZONING

-

APN/PARCEL ID

15-21-256-001,15-21-256-002,15-21-256-003

ASK ABOUT THIS PROPERTY

Karen CuppRE/MAX Realty CentralMore Info
618-925-4653

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Karen CuppRE/MAX Realty CentralMore Info
618-925-4653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.