3805 Ballybunion RdBloomington, IL 61704

Property Details for 3805 Ballybunion Rd

Year built

2007

Lot size

0.75 AC

Property size (Sq ft)

5,016 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional 5,016 sq ft restaurant, located at 3805 Ballybunion Rd, Bloomington, IL 61704, presents a unique investment opportunity. Built in 2007, this single-story, Class B building sits on a 0.75-acre lot and boasts 31,798 sq ft of air rights. Currently vacant, the property is available for occupancy on June 25, 2024, and offers significant potential for a variety of restaurant concepts. Its prime location on Ireland Grove, a road with approximately 6,500 vehicles daily, ensures high visibility and accessibility. The property benefits from its proximity to "The Links" executive golf course and a brewery, providing a built-in customer base. Furthermore, the surrounding area features residential developments and a planned apartment complex, bolstering the potential customer pool. The average household income within a one-mile radius exceeded $169,000 in 2023, indicating a strong local market. The outdoor patio with a bar area adds to the property's appeal, especially during the pleasant weather months. The property is zoned Commercial (0060) and is offered at $895,000 ($178.43/sq ft). Seller financing may be considered with a substantial down payment. This is a rare chance to acquire a well-maintained restaurant in a thriving community. The property's APN is 2218203006.

Location Insight

City

Bloomington

County

McLean

State

Illinois

Latitude

40.456

Longitude

-88.9117

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