109 Main St Benton, IL 62812
- Commercial real estate
- 6,240 SF
Current Use by Public Records
- Commercial real estate
Property Details for 109 Main St
- Property size
- 6,240 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a well-established bar and grill located in the heart of downtown Benton, Illinois, just off the town square. Known as Sandy's Bar and Grill, this property boasts a substantial 6,240 square feet of space, offering significant income potential. The sale includes all bar and kitchen equipment, ensuring a seamless transition for the new owner. A key feature is a separate, state-sanctioned gaming room, adding another revenue stream to this already profitable business. Adding to the property's value is a spacious three-bedroom apartment located upstairs, currently rented for $900 per month. The owner currently covers the utilities for this apartment. The building is situated at 109 E Main Street, offering high visibility and convenient access for patrons. This turnkey operation presents a rare chance to own a thriving business with multiple income streams in a desirable location. The motivated seller is eager to find the right buyer, making this an attractive proposition for those seeking a profitable venture in the hospitality industry. The property is offered at $124,000, representing a compelling value for the established business and rental income potential. This is a fantastic opportunity to own and operate a successful business in a vibrant community. The property sits on a lot with no acreage.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Benton
- County
- Franklin
- State
- Illinois
- Longitude
- -88.9194
- Latitude
- 37.9969