101 W Monroe & 201 S University 101 W Monroe St
8,168 SF Retail Building Carbondale, IL 62901 £1,713,384 (£209.77/SF) 3.48% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Located in Downtown Carbondale
- Well-established business
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
8,168 SF
Year Built
1966
Price
£1,713,384
Price Per SF
£209.77
Net Initial Yield
3.48%
NOI
£59,550
Tenancy
Single
Number of Floors
1
Building FAR
1.00
Lot Size
0.19 AC
AMENITIES
- Fenced Lot
- Storage Space
- Air Conditioning
ABOUT 101 W MONROE ST , CARBONDALE, IL 62901
The Cellar, a thriving iconic sports bar is for sale! Conveniently located between the soon-to-be-completed Southern Illinois Multimodal Station and the much-anticipated Downtown Entertainment Plaza is a fun combination of the original nostalgic downstairs bar and the new patio bar, with its beautiful outdoor seating. Long known for its delicious bloody Mary’s, shuffleboard, pool tables, and numerous televisions to watch all your favorite teams, is ready for new owners. This is an excellent opportunity to own a well-established, successful, and growing business with multiple revenue streams. Schedule your viewing now!
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £53,888 | |
| Land Assessment | £16,803 | Total Assessment | £70,691 |
