Property summary
This exceptional investment opportunity presents Hangar 9, a thriving commercial property located at 511 S ILLINOIS Avenue, Carbondale, IL 62901. Built in 2010, this 6,000 square foot, two-story establishment is a well-established and beloved local bar and live music venue. The property boasts 18 bar taps, a walk-in cooler, and a unique custom-designed ceiling. The main floor is ADA accessible, catering to a diverse clientele. Hangar 9 offers both indoor and outdoor seating areas, enhancing its appeal and capacity. Additional amenities include a pool table, and a popular Thursday night karaoke event. The property's prime location in the heart of Carbondale ensures consistent foot traffic and a strong customer base. This turnkey operation is ready for a new owner to continue its legacy of providing exceptional entertainment and fostering a vibrant community atmosphere. The asking price for this established and profitable business is $550,000. This represents a rare chance to acquire a well-known and successful venue with significant potential for future growth. The property's history of hosting numerous musical acts and events establishes a strong foundation for continued success. Don't miss this opportunity to own a piece of Carbondale's vibrant nightlife scene.
Property profile
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store Big Box & Wholesale Store
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Music Venue Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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