108 Main StReynolds, IL 61279

For Sale
$249,000

Turnkey Bar/Restaurant with Warehouse

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional opportunity to acquire a well-equipped, vacant bar and restaurant located at 108 E Main Street, Reynolds, IL 61279. This property boasts a total of 4,401 square feet situated on a 0.48-acre lot, zoned C. The main building comprises a 2,423 square foot bar and restaurant area, complete with recently updated features including a new water heater, remodeled restrooms, and modern kitchen equipment. This equipment includes a 10-foot hood, walk-in cooler, two refrigerators, a six-burner stove, a flat-top grill, two stainless steel prep stations, and four fryers. A significant addition of 1,978 square feet provides a versatile shop/warehouse space featuring an overhead door (10x12 feet) and three-phase power. The warehouse area is heated but not cooled. An additional restroom is conveniently located within the shop. The property also benefits from outdoor patio seating to the east. The asking price is $249,000, translating to $56.58 per square foot. This turnkey operation includes all fixtures, furniture, and equipment (FF&E). This is an ideal investment for an experienced restaurateur or entrepreneur seeking a profitable venture in a prime location. The property is owned by an LLC and is currently vacant, ready for immediate occupancy.

Highlights

  • $249,000 asking price for this vacant retail property.
  • 4,401 square feet on a 0.48-acre lot.
  • Located at 108 E Main Street, Reynolds, IL 61279.
  • Includes a 2,423 sq ft bar and restaurant with all FF&E.
  • Features a 1,978 sq ft addition with shop/warehouse space, an overhead door, and 3-phase power.

Property Details for 108 Main St

Property type
Other retail properties, Restaurants
Square Feet
4,401 SF
Buildings
1
Lot Size (sq. ft)
20,909 SF

Location Insight

City
Reynolds
County
Rock Island
State
Illinois
Latitude
41.3299414
Longitude
-90.6680215
108 Main St, Reynolds, Illinois

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108 Main St
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