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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2578 Us Highway 36 Newman, IL 61942

1,500 SF
Property ID
Property summary
AI-generated overview

This thriving, well-established pizza restaurant in Newman, Illinois presents a fantastic investment opportunity. Located at 2578 E US HWY 36, this 2,100 square foot eatery enjoys a prime location directly on the highway, ensuring high visibility and consistent customer traffic. The property sits on nearly half an acre, providing ample parking for patrons. The sale includes all restaurant equipment, tables, chairs, and booths, allowing for a seamless transition for the new owner. The business boasts 100% occupancy and is currently operating successfully. A significant advantage is the recently installed roof in 2021, eliminating immediate roof replacement costs. The asking price is $270,000. This turnkey operation offers immediate income potential and is ready for its next chapter under new ownership. The property's size falls within the 1,500-1,900 square foot range, as indicated in initial property records. The lease is expiring, presenting a unique opportunity for ownership and control. This is a rare chance to acquire a profitable, established business with significant growth potential in a desirable location. Serious inquiries are encouraged to schedule a viewing and explore this exceptional investment opportunity further.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,500 SF
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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