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    OFF-MARKET
    Retail properties & Spaces

    15 Arch St, Winchester, IL 62694

    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hunt Brothers Pizza Restaurant
    • Peppermill Grill & Chill Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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