101 Monroe St Carbondale, IL 62901
- Office Properties & Spaces
Current Use by Public Records
- The Cellar / Bar
Property Details for 101 Monroe St
- Property type
- Office Properties & Spaces
- APN
- 15-21-256-003
- APU
- 1521256003
Description
This exceptional opportunity presents the acquisition of "The Cellar," a renowned and profitable sports bar situated at 101 W Monroe Street, Carbondale, IL. Boasting 8,168 square feet, this established business benefits from a highly desirable location between the forthcoming Southern Illinois Multimodal Station and the anticipated Downtown Entertainment Plaza, ensuring significant foot traffic and accessibility. The property features a unique blend of the original, nostalgic downstairs bar and a newly added patio bar, complete with attractive outdoor seating. The Cellar is widely recognized for its signature Bloody Marys, along with amenities such as shuffleboard, pool tables, and numerous televisions catering to sports enthusiasts. Its well-established reputation and multiple revenue streams contribute to its consistent success and growth potential. The sale price is $2,225,000. This is a rare chance to own a thriving, turnkey business in a rapidly developing area of Carbondale. The property sits on a 0-acre lot and is classified as General Commercial. Don't miss this chance to own a piece of Carbondale's vibrant nightlife scene. Contact us today to schedule a viewing and explore this exciting investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carbondale
- County
- Jackson
- State
- Illinois
- Longitude
- -89.2164
- Latitude
- 37.726
- CBSA code
- 16060
- CBSA name
- CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA
