$700,000
$720,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
4,800 SqFt
SOLD DATE : 03/29/2024
Key Details
Sold Price $700,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $145
MLS Listing ID 11919513
Sold Date 03/29/24
Year Built 1965
Annual Tax Amount $9,308
Tax Year 2022
Lot Dimensions 90X358X289X162X197X198
Property Description
Offering fully furnished restaurant in Tuscola, Illinois, conveniently located on US Rt. 36 and near interchange of Interstate 57. The 4,800 square foot restaurant sits on a 1.5-acre lot and was fully renovated in 2018. Sale includes all equipment, furnishings, small wares, etc., creating a virtually move-in ready situation. This property has been very well maintained ensuring an easy transition for a new owner. Restaurant includes large dining room with separate bar area with a video gaming opportunity. The complete building renovation created a cozy atmosphere with booths on the exterior walls and table seating in the center of the dining room. Tuscola is situated in Douglas County and serves as the county seat with a population of 4,520 (2020). It is positioned approximately 25 miles south of Champaign-Urbana, the home to the University of Illinois. The US 36/Interstate 57 corridor is home to national restaurants (Jimmy John's, Arby's, McDonald's, Taco Bell, et) as well as an outlet mall, grocery store, and Love's Travel Stop. This restaurant location sits directly to the west of the McDonald's location. Tuscola has a small-town charm that is known for supporting its local business community while serving interstate traffic.
Location
State IL
County Douglas
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Cathy Means • Hillard Agency- Tuscola
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "