9180 State Route 140 - Restaurant FOR SALE


Hamel, IL 62046
$489,000 USD
618-433-9436
9180 State Route 140, Hamel, IL for Sale
$489,000 USD
Restaurant - FOR SALE
1/49
null | Request Cap Rate

9180 State Route 140
Hamel, IL 62046


HIGHLIGHTS

  • High traffic count
  • Turn key opportunity
  • Incredible location

OVERVIEW

Take advantage of this turn-key commercial opportunity featuring TWO building spaces! This interstate frontage property offers excellent exposure, with an average daily traffic count of 31,500, offering consistent flow from the nearby truck stop and travel center. Situated in a prime location, this property is positioned to capture both local and highway traffic. Step inside the restaurant to discover a spacious main level featuring nearly 3,000 square feet of well-designed dining and bar space, complete with a full kitchen ready for immediate operation. Guests can dine in the expansive indoor dining area or enjoy outdoor seating with scenic views of a neighboring lake. The lower level expands the possibilities with a large banquet room, perfect for hosting events, private parties, or additional revenue streams. Situated on over 2 acres, the property provides ample space for parking and future growth. As an added bonus, a separate approximately 1,000 square foot office building is included, offering potential rental income and built-in investment stability. With all of the equipment and inventory included, paired with exceptional visibility from two heavily traveled highways, this is a rare opportunity to step into a fully operational business with immediate income potential!

FOR SALE DETAILS

PRICE

$489,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

HC (Highway Commercial)

APN/PARCEL ID

11-1-10-11-19-401-018

ASK ABOUT THIS PROPERTY

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

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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 Notice.