For Sale
$449,000

201 Main St Pearl City, IL 61062

Established Bar & Restaurant, High Profit Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional turn-key business opportunity presents a thriving bar and restaurant located at 201 S Main St, Pearl City, IL 61062. Priced at $449,000, this 6,138 square foot, two-story building sits on a 4,131 square foot lot and boasts a unique speakeasy lounge. The property is zoned for commercial business use and features a recently renovated interior (within the last 7 years), encompassing a dining room, bar, and kitchen. The second floor, accessible via a separate entrance, offers significant expansion potential. This could be developed into additional dining space, an event venue, an apartment for rental income (e.g., Airbnb), or a completely new business venture. The building's prime location in Pearl City, Illinois, ensures high visibility and accessibility. The asking price of $449,000 translates to $73.15 per square foot, representing a strong value proposition for a well-established and profitable business. This is an owner/user investment opportunity with significant upside potential. Attractive investment terms are available to qualified buyers.

Highlights

  • $449,000 asking price for this established bar and restaurant.
  • 6,138 square feet on a 4,131 square foot lot in Pearl City, IL.
  • Two-story building with Commercial Business zoning.
  • Recently renovated interior, including dining room, bar, and kitchen.
  • Features a speakeasy lounge and a second-floor space with multiple development possibilities.

Property Details for 201 Main St

Property type
Retail properties, Restaurants
Square Feet
6,138 SF
Buildings
1
Stories
2

Location Insight

City
Pearl City
County
Stephenson
State
Illinois
Latitude
42.26538792122
Longitude
-89.826300892318

FAQs

What type of property is this?
Retail property - Established Bar & Restaurant, High Profit Potential
Where is the retail property located?
The property is located at 201 Main St Pearl City, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: $449,000 asking price for this established bar and restaurant.; 6,138 square feet on a 4,131 square foot lot in Pearl City, IL.; Two-story building with Commercial Business zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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201 Main St
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