221 20th Ave - Bar FOR SALE


Ottawa, IL 61350
$430,000 USD
815-433-5501
221 20th Ave, Ottawa, IL for Sale
$430,000 USD
Bar - FOR SALE
1/12
null | Request Cap Rate

221 20th Ave
Ottawa, IL 61350


HIGHLIGHTS

  • Hand-laid geometric tile bar
  • Custom wood bar tops and accents
  • Open plan

OVERVIEW

Step into your next venture with this unique turn-key commercial space, perfectly suited for a bar or restaurant concept. Fully operational bar and kitchen- sale includes real estate, turnkey business, corporation including liquor license, and all equipment and inventory. Completely gutted in 2021 and was remodeled with new electrical, flooring, drywall, heating/cooling, roofing, and siding. 3 HVAC units, walk-in cooler, hand-laid geometric tile detail, custom wood bar tops and wrap around floating bar and bench. Please do not stop in operating business without an appointment. Financials available upon request.

FOR SALE DETAILS

PRICE

$430,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

Commercial

APN/PARCEL ID

21-16-212011

ASK ABOUT THIS PROPERTY

Gracy NeilsenColdwell Banker Real Estate GroupMore Info
815-433-5501

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Gracy NeilsenColdwell Banker Real Estate GroupMore Info
815-433-5501

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