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    15 Arch St Winchester, IL 62694

    Sponsored
    For Sale
    $249,000

    Established Restaurant, Priced to Sell!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional turnkey restaurant opportunity in Winchester, Illinois, is offered at an attractive asking price of $249,000. Located at 15 S ARCH Street, 62694, this property includes the land and a single building, perfectly suited for continued operation or a fresh start. The existing restaurant is equipped with a comprehensive POS system, a wireless security system, and a drive-thru system, streamlining operations and enhancing efficiency. Recent upgrades include new menu boards (arriving soon), booth covers, counters, lighting, and freezers. A key asset is the regularly serviced Taylor ice cream machine, adding to the revenue potential. The property's location in Scott County provides access to a local customer base. This is a rare chance to acquire an established business with significant existing infrastructure, minimizing initial investment and maximizing potential returns. The property's land and building offer a solid foundation for a thriving culinary venture. The existing equipment and recent renovations significantly reduce the burden of start-up costs, allowing for a smooth transition and immediate revenue generation. This is an ideal opportunity for an experienced restaurateur or a first-time business owner seeking a profitable venture with minimal upfront investment. The property's location and existing infrastructure make it a highly attractive proposition in the competitive restaurant market.

    Property Features for 15 Arch St

    General Information

    Property type
    Restaurants

    Building Details

    Buildings
    1

    HighLights

    • Turnkey restaurant in Winchester, IL, asking $249,000.
    • Located at 15 S Arch Street, 62694, includes land and building.
    • Features POS system, wireless security, and drive‑thru.
    • Recent upgrades include menu boards, booth covers, counters, lighting, and freezers; includes a Taylor ice cream machine.
    • Established business with minimal start‑up costs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunt Brothers Pizza Pizza Restaurant Peppermill Grill & Chill Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Scott
    State
    Illinois
    Longitude
    -90.4610913
    Latitude
    39.6295919

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    Nearby Similar for Sale

    • New
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      Winchester, IL Commercial Opportunity

      Turnkey restaurant with drive-thru in Winchester, Illinois.
      15 S Arch St, Winchester, IL 62694
      View Details
    • $249,000
      1,913 SF

      15 Arch St, Winchester, IL 62694

      Commercial real estate • 1,913 SF
      15 Arch St, Winchester, IL 62694
      View Details

    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Priced to Sell!
    Where is this restaurant located?
    The property is located at 15 Arch St Winchester, IL.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Turnkey restaurant in Winchester, IL, asking $249,000.; Located at 15 S Arch Street, 62694, includes land and building.; Features POS system, wireless security, and drive-thru.
    Request Owner's contact information
    15 Arch St Winchester, IL 62694
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    Winchester, IL 62694
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Arch St Winchester, IL 62694
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