112 S Maple St - Restaurant FOR SALE


Sycamore, IL 60178
$600,000 USD
630-715-5714
112 S Maple St, Sycamore, IL for Sale
$600,000 USD
Restaurant - FOR SALE
1/25
null | 8% Cap Rate

112 S Maple St
Sycamore, IL 60178


HIGHLIGHTS

  • Long Established and Successful Tenant
  • Unbeatable In-Town Location
  • Great Real Estate Investment Opportunity
  • 8% Cap Rat at the List Price

OVERVIEW

Don't miss this exceptional investment opportunity in the heart of downtown Sycamore. Positioned as an 8% cap rate at the list price the property will provide an excellent ROI over time. This is a real estate sale only. The tenant is a long standing and succesful restaurant and the location is unbeatable. The current restaurant was established in 2004 and the building has a history as a restaurant before that. The building features two main dining areas, a private dining room, a bar and a fully equipped kitchen. There are two restrooms for patrons and there is one employee restroom in the back. The building is low maintenance all brick construction and one of the two roof top HVAC units has been updated. The real estate is owned by the business owner and they require a lease back so this is purely a real estate investment opportunity. The lease terms moving forward can be negotiable. Do not walk through without a confirmed appointment or approach the employees.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,228 SF

ZONING

C2

APN/PARCEL ID

06-32-260-009

ASK ABOUT THIS PROPERTY

Charles KirkwoodColdwell BankerMore Info
630-715-5714

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Charles KirkwoodColdwell BankerMore Info
630-715-5714

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