134 MARKET Street, Colchester, IL, 62326
Key, REALTORSBasics
- Date added: Added 19 hours ago
- Category: Commercial
- Type: Commercial Sale
- Status: Active
- Year built: 1890
- ListOfficeName: Key, REALTORS
- LeaseTerm: Month To Month
- ListAOR: rmlsa
- MLS ID: RMAPA1265241
Description
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Description:
Formerly doing business as The Grill, this restaurant is a much needed and anticipated business in Colchester. It was remodeled in 2021 and has since been improved with new furnace and central air in 2024. The building sells with all restaurant equipment, a walk-in cooler and freezer, a prep area, dry storage area, and an office. Many additional kitchen items and cookware are also included. There are additional booths that stay and would seat approximately 32 more people, in addition to the current seating of 52. There are 3 buildings included with a 2-bedroom apartment above building 2, and a 2-bedroom apartment above building 3. A beauty shop occupies the lower level of building 3. The current rental income is $2,200 per month, and could be more with the rental of the lower level of building 2. One apartment has a new furnace in 2024, and both apartments have solar panels. This is a great investment opportunity to start a restaurant business, with a good monthly rental income already established. Call for your opportunity to view!
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Location
- CountyOrParish: McDonough
- Directions: From Rte 136, turn south on Fulton St. 2 blocks to Market St., property on Corner.
Building Details
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
