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Restaurant -- Mr. Salsa's 309 E Walnut St

5,544 SF Retail Building Oglesby, IL 61348 £230,823 (£42/SF)

Investment Highlights

  • Parking Lot with 30 spots included with property
  • All furnishings and restaurant equipment included
  • 15 minutes from Starved Rock State Park

Executive Summary

Prime Commercial Restaurant for Sale on Busy Route 178 Location: *Situated on bustling Route 178, the gateway to Starved Rock State Park *Less than 3 miles from Interstate 39 *One of the few commercial buildings in Oglesby with its own private parking lot, accommodating over 20 cars Restaurant Features: *Established building currently operating as a restaurant *Spacious bar area with seating for 15 stools *Two distinct dining areas, ideal for hosting private parties or events *Inviting outdoor patio seating for al fresco dining *Dedicated gaming section for additional entertainment Included: *All restaurant furnishings and fixtures *Fully equipped kitchen and dining areas ready for immediate operation Additional Opportunities: *Upstairs features two bedrooms and 1.5 baths, presenting a potential rentable living area with the addition of a small kitchenette Perfect For: *Aspiring restaurateurs looking for a turnkey operation *Investors seeking a lucrative commercial property in a high-traffic area This property offers a unique opportunity to own a well-established restaurant in a prime location with ample parking and significant potential for growth. Don't miss out on this rare find in Oglesby!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,544 SF
Building Class
C
Year Built
1909
Price
£230,823
Price Per SF
£42
Tenancy
Single
Number of Floors
2
Building FAR
0.50
Lot Size
0.25 AC
Zoning
C-2 - General Retail Zoning
  • Listing ID: 33454222

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 309 E Walnut St, Oglesby, IL 61348

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