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Listing Details

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Description

Attn: Entrepreneurs - This is an amazing opportunity to invest in 4.5 acres of multi-use commercial property at the intersection of two State Highways (Route 15 and Route 51), just 4 miles south of the Interstate 64 exit. This location has an incredible amount of potential! The current restaurant/bar building is approximately 4,000 sq. ft. - fully functional and ready to open for business! There is a house on the property that has been previously lived in by owners/managers. The house has been rehabbed with new roof, windows, electric, plumbing, HVAC, and more. It has a full, unfinished basement for storage. The west entrance of the house is ADA compliant and could be used for income purposes - personal services or gaming studio. In addition to the bar/restaurant building and residence, there is also a 2500 sq. ft pavilion - beer garden/event venue featuring a large stage, outdoor wet bar and bathrooms. Daily traffic counts: 535 trucks, 4,450 passenger vehicles.

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Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-09-16T16:39:46.737.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/116188816
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28151 State Route 15 Ashley, IL 62808

  • Price: $375,000
  • Status: Active
  • Updated: 16 min ago
  • ID#: 21024304
0
Beds
0
Baths
0
½ Baths
4.58
Acres
6,689
SQFT
$56
$/SQFT
1995
Built
County:
Washington-Il
Property Description
Attn: Entrepreneurs - This is an amazing opportunity to invest in 4.5 acres of multi-use commercial property at the intersection of two State Highways (Route 15 and Route 51), just 4 miles south of the Interstate 64 exit. This location has an incredible amount of potential! The current restaurant/bar building is approximately 4,000 sq. ft. - fully functional and ready to open for business! There is a house on the property that has been previously lived in by owners/managers. The house has been rehabbed with new roof, windows, electric, plumbing, HVAC, and more. It has a full, unfinished basement for storage. The west entrance of the house is ADA compliant and could be used for income purposes - personal services or gaming studio. In addition to the bar/restaurant building and residence, there is also a 2500 sq. ft pavilion - beer garden/event venue featuring a large stage, outdoor wet bar and bathrooms. Daily traffic counts: 535 trucks, 4,450 passenger vehicles.
Exterior Features

Attached Garage YN No Construction Materials Conventional Lot Size Source County Records Parking Features GravelParking Lot Road Frontage Type State Road Roof Architecural Shingle Unit Location Corner LocationHigh TrafficHwy/Interstate Frntg

Interior Features

Above Grade Finished Area Source Other Building Square Footage 4104.00 Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Realtor Association Of Southwestern Illinois Commercial Type Commercial Land Cross Street State Route 51 Current Use 1 StoryFreestandingMixed UseRestaurantOfficeBar/TavernResidentialRetail Disclosures UnknownSellers Discl. Avail Documents Available Aerial PhotoSurveyTraffic Counts Electric 3 Phase Inclusions Building & LandOption To LeasePersonal PropertySome EquipmentSome Fixtures Miscellaneous 2+ LavatoriesBurglar AlarmKitchen Facilities Net Operating Income 0 Operating Expense Includes ElectricityHeat/CoolingInsuranceReal Estate TaxSecurityWater/Sewer Possession Close Of EscrowNegotiable Possible Use Building Trades/ServConvenience StoreRestaurantOfficePersonal ServiceSee RemarksResidential Property Sub Type Commercial & Indr. Sewer Septic Tank Special Listing Conditions No ExemptionsNone Tax Annual Amount 3524 Tax Year 2019 Transaction Type Sale Utilities Electricity AvailableWater AvailablePhone Available Water Source Public Zoning Commercial

Listing provided courtesy of Axis Agency, Llc. Listing information © 2021 Mid America Regional Information Systems, Inc.
Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-09-16T16:39:46.737.

Fusion Realty, LLC: 618.781.9170
 
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Fusion Realty, LLC
One 157 Center
Edwardsville IL, 62025