416 Main St Mount Vernon, IL 62864
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 416 Main St
- Property type
- Commercial real estate
- APN
- 07-29-405-010
- APU
- 729405010
Description
This fully renovated 1,800 sq ft restaurant in Mt. Vernon, IL, presents a remarkable investment opportunity. Located at 416 Main Street, this established business boasts a prime location and a strong track record of profitability. Built in 1973 and completely renovated in 2023, the property includes a spacious, fully-equipped kitchen featuring two deep fryers, two ovens, a grill, refrigerator, freezer, and two walk-in coolers. The building sits on a 0.3-acre lot and is zoned B2. Beyond the interior, the property features an outdoor beer garden, covered pavilion, and outdoor bar, ideal for live entertainment and events. On-site gaming provides an additional revenue stream. All systems, including the roof, electrical, plumbing, and HVAC, have been upgraded. This turnkey operation is ready for immediate occupancy, offering a seamless transition for a new owner. The single-story building is owned by an LLC. Financial details are available upon request. This is a rare chance to acquire a thriving, established restaurant with significant upside potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Vernon
- County
- Jefferson
- State
- Illinois
- Longitude
- -88.8961
- Latitude
- 38.3186
- CBSA code
- 34500
- CBSA name
- MOUNT VERNON, IL MICROPOLITAN STATISTICAL AREA
