Lora Gilbert
SQUARE FEET4,148
MLS#12698221
STATUSNew
PROPERTY TYPECommercial - Retail
Property Description
Don't miss this exceptional investment opportunity in the heart of downtown Sycamore. Positioned as an 8% cap rate at the list price the property will provide an excellent ROI over time. This is a real estate sale only. The tenant is a long standing and succesful restaurant and the location is unbeatable. The current restaurant was established in 2004 and the building has a history as a restaurant before that. The building features two main dining areas, a private dining room, a bar and a fully equipped kitchen. There are two restrooms for patrons and there is one employee restroom in the back. The building is low maintenance all brick construction and one of the two roof top HVAC units has been updated. The real estate is owned by the business owner and they require a lease back so this is purely a real estate investment opportunity. The lease terms moving forward can be negotiable. Do not walk through without a confirmed appointment or approach the employees.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.10 Acres
Stories: 1.0
Taxes: $9,594
Year Built: 1910
Feature Descriptions
Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s
Frontage Type: City Street
HVAC: Forced Air, Gas
Location: Central Business District
Lot Dimensions: 50x64x50x65
Number of Tenant(s): 1
Parcel#: 0632260009
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Real Estate Group
Agency Phone: 630-232-6900
Shown By
Agent Name: Lora Gilbert
Agent Phone: (815) 494-8286
Agency Title: Dickerson & Nieman Realtors
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112 S Maple Street | MLS# 12698221
This commercial property located at 112 S Maple Street , Sycamore, IL 60178 is currently listed for sale with an asking price of $600,000. Search Sycamore real estate on loragilbert.dickersonnieman.com today.