406 Cherry Ave - Blackstone Bar & Grill
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406 Cherry Ave - Blackstone Bar & Grill
2,547 SF Sports & Entertainment Building Offered at £316,752 in Rochelle, IL 61068
Investment Highlights
- Current tenant active bar/restaurant
Executive Summary
This property & business is a thriving restaurant/Bar with stage for entertainment, great gaming revenue stream, and approx. 75+ seating capacity. Some of the features of this property are: Full bar, All new coolers, new bar and countertops, New liquor cabinets, New draft system, New hi & low top tables & chairs, All new flooring, Stage complete with LED wi-fi lighting system and stage lights, Built in streaming for DJ, marketing/advertising spots. There are several TV's within, including a 130", 75" and 2 65" flat screens. This property is being offered as a "turnkey" operation, fully staffed, and established business. The gaming revenue is an additional plus for the business. Also included is a 3 bedroom fully remodeled apartment above to create additional revenue, or for the owner/operator to live. This property has been updated through and through. Check it out today, and be your own boss tomorrow !!!
Property Facts Under Contract
Price | £316,752 | Lot Size | 0.05 AC |
Price Per SF | £124 | Building Size | 2,547 SF |
Sale Type | Investment or Owner User | Number of Floors | 2 |
Sale Conditions | Business Value Included | Year Built/Renovated | 1920/2024 |
Property Type | Sports & Entertainment | Opportunity Zone |
Yes
|
Price | £316,752 |
Price Per SF | £124 |
Sale Type | Investment or Owner User |
Sale Conditions | Business Value Included |
Property Type | Sports & Entertainment |
Lot Size | 0.05 AC |
Building Size | 2,547 SF |
Number of Floors | 2 |
Year Built/Renovated | 1920/2024 |
Opportunity Zone |
Yes |
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Walk Score ®
Very Walkable (76)
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406 Cherry Ave - Blackstone Bar & Grill
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