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Bar and Tavern with Covered Event Space
For Sale
$199,000

208 E Main Street, Mount Olive, IL 62069

An operating bar includes bar equipment, coolers, liquor, and a covered outdoor area for entertainment.

Property SizeContact for details
Days on Market68

Property Features for 208 E Main Street

General Information

Standard status Active
Property subtype Commercial

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $1,668

Building Details

Buildings 1
Listing Agency: RE/MAX Alliance
Listed By: Mark Roberts · License #475208136
Source: Flowershomerealty
Added: Aug 25 Changed: Oct 29 Last Checked: Oct 29 at 11:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Alliance

Rey
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Investment Insights

Based on property information with market context.

Located at 208 E Main Street in Mount Olive, this operating bar and tavern has a main bar area, a separate rear space for pool or other activities, and a covered outdoor entertainment area. The included equipment package comprises coolers and bar equipment, along with liquor.

The outdoor area can accommodate entertainment and may be enclosed for year-round use. Parking is available at both the front and rear of the property. Gaming equipment or operations would need to be arranged independently.

Key Highlights

  • Operating bar and tavern at 208 E Main Street in Mount Olive
  • Coolers, liquor, and bar equipment included
  • Main bar area plus a separate rear space for pool or other activities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Hair Salon Dental Office Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62069, IL

3,076
Population
1,658
Households
1.9
Avg Household Size
46
Median Age
15%
College-Educated
90%
High-School Grad
29.1 sq mi
ZIP Area
106
Density / Sq Mi
$57,642
Median Household Income
$38,254
Median Earnings
$711
Median Rent
$105,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Mel's Place — 208 E Main St, Mt Olive, IL 62069
  • Tilleys Tavern — 303 E Main St, Mt Olive, IL 62069

Frequently Asked Questions

What type of property is this?
Bar & Pub - An operating bar includes bar equipment, coolers, liquor, and a covered outdoor area for entertainment.
Where is this bar & pub located?
The property is located at 208 E Main Street Mount Olive, IL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Operating bar and tavern at 208 E Main Street in Mount Olive; Coolers, liquor, and bar equipment included; Main bar area plus a separate rear space for pool or other activities
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