4922 Clifton Terrace Rd - Specialty FOR SALE


Godfrey, IL 62035
$249,900 USD
618-433-9436
4922 Clifton Terrace Rd, Godfrey, IL for Sale
$249,900 USD
Specialty - FOR SALE
1/33
null | Request Cap Rate

4922 Clifton Terrace Rd
Godfrey, IL 62035


OVERVIEW

Prime commercial opportunity to own a turnkey business in a high-traffic area that has been under the same ownership for 50+ years! Conveniently located between the majestic river road (IL 100) and IL HWY 3 sits the recently updated Clifton Terrace Inn which has approximately 365 +/- feet of road frontage, and has been successfully operating as a tavern since the 1960’s. Recent updates include, but are not limited to, new ceramic tile flooring, paint, stained car siding on the ceiling throughout, and a detached 23x20 +/- feet outdoor addition that could be used as a smoke room, bandstand, or additional seating. All refrigerators/freezers, ice makers, tables/bar stools and more, will be conveyed in the sale which make for a simple transfer of business. With the daily traffic count exceeding 4,000 and the large parking lot sitting adjacent to the business, there are endless opportunities to either continue operating as a tavern and/or gaming facility, or turning this into a different business of your choosing!

FOR SALE DETAILS

PRICE

$249,900 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Clifton Terrace Inn - 4922 Clifton Terrace Rd

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,199 SF

ZONING

Commercial

APN/PARCEL ID

24-1-01-32-01-101-006

ASK ABOUT THIS PROPERTY

Shane KampTarrant & Harman Real Estate and Auction Co.More Info
618-433-9436

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

Shane KampTarrant & Harman Real Estate and Auction Co.More Info
618-433-9436

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