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Key Details
Sold Price $275,000
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $57
MLS Listing ID 24058317
Sold Date 12/18/24
Construction Status 54
Year Built 1970
Building Age 54
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 517x117 IRR
Property Sub-Type Commercial & Indr.
Property Description
Established Restaurant for over 60 yrs unheard of in the business. Great location is getting even better! New Collinsville Sports Complex plans across from property. Plus Accel Entertainment acquiring Collinsville horse racing facility and expanding and future casino plans only 1 mile down the road. With this location and multiple visibility with roadways on 3 sides and at traffic stop makes for great restaurant/bar or retail location. IDOT average daily traffic counts of 5500-6550 vehicles per day. 4800 sqft of building space on almost 3/4 acre lot. All equipment included. Priced below assessment at $299,900. Don't miss this great opportunity or investment!!!
Location
State IL
County Madison-il
Zoning Commercial
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Gas to Site, Water Available, Sewer Available, Phone Available
Building
Sewer Public Sewer
Water Public
Structure Type Conventional
Construction Status 54
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
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Bought with Michael Paslay