214 Main St, Grafton, IL 62037

This exceptional Grafton, IL, mixed-use property presents a unique investment opportunity. Priced at $389,900, this offering encompasses two adjoining commercial buildings totaling 2,441 square feet on a 0.206-acre lot. The main building houses a thriving established bar with seating for up to 175 patrons, featuring a recently updated kitchen (2022-2023), a unique "icehouse cave" gathering area, and an upper deck offering scenic views. An adjoining updated guesthouse includes two full baths and sleeps up to six, while a separate studio apartment with one bath offers additional rental income potential. The property boasts recent improvements, including new siding (2018) and a laundry room. The buildings were extensively renovated in 2019, utilizing original floor joists in the bar's construction. Inventory, furniture, and fixtures are included in the sale. The property is zoned B2 and is not located in a flood plain. The sale excludes a large fire pit and Yeti cooler. Occupancy is available December 10, 2024. This prime Main Street location benefits from high foot traffic. This is an excellent opportunity to acquire a well-established business with significant upside potential or to develop your own concept in a desirable location.