For Sale
$350,000

1112 Madison St South Roxana, IL 62095

Established Restaurant/Bar, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
127
This thriving bar and grill, located at 1112 Madison St, Wood River, IL 62095, presents a unique investment opportunity. The 2,306 square foot property, built in 1950 and extensively renovated in 2020, sits on a 2,306 square foot lot (APN: 18-2-14-01-05-101-002) and is zoned B-2. The business boasts a fully equipped kitchen, inviting outdoor patio, pool table, and gaming machines. A separate, detached building, complete with electricity, provides a designated smoking area. Currently operating Monday-Friday 5 am to 1 am, Saturday 4 pm to 2 am, and Sunday 11 am onwards, the establishment serves breakfast, sandwiches, and daily food specials. Its prime location across from the Phillips 66 Wood River refinery ensures high visibility and consistent customer traffic. Conveniently situated 0.6 miles from I-255 and between Hwy 111 and I-255, directly across from the refinery entrance, this location offers exceptional accessibility. The asking price for this turnkey operation is $350,000. This represents an excellent opportunity for a savvy investor seeking a well-established, profitable business in a high-demand location.

Highlights

  • Turnkey bar and grill in Wood River, IL, asking $350,000.
  • 2,306 sq ft building on a 2,306 sq ft lot (APN: 18-2-14-01-05-101-002), B-2 zoning.
  • Extensively renovated in 2020.
  • Features a full kitchen, outdoor patio, and gaming machines; separate detached smoking area.
  • High-traffic location across from Phillips 66 Wood River refinery, near I-255 and Hwy 111.

Property Details for 1112 Madison St

Property type
Retail properties, Restaurants
Square Feet
2,306 SF
Year Built/Renovated
1950/2020

Location Insight

City
South Roxana
County
Madison
State
Illinois
Latitude
38.8330114
Longitude
-90.0579092
1112 Madison St, South Roxana, Illinois

FAQs

What type of property is this?
Retail property - Established Restaurant/Bar, High Traffic Area
Where is the retail property located?
The property is located at 1112 Madison St South Roxana, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Turnkey bar and grill in Wood River, IL, asking $350,000.; 2,306 sq ft building on a 2,306 sq ft lot (APN: 18-2-14-01-05-101-002), B-2 zoning.; Extensively renovated in 2020.
How can I contact the broker?
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1112 Madison St
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