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$225,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 25035784
Year Built 1965
Annual Tax Amount $3,134
Acres 1.2
Property Description
Prime commercial opportunity to own a turnkey business in a high-traffic area that has been under the same ownership for 50+ years! Conveniently located between the majestic river road (IL 100) and IL HWY 3 sits the recently updated Clifton Terrace Inn which has approximately 365 +/- feet of road frontage, and has been successfully operating as a tavern since the 1960's. Recent updates include, but are not limited to, new ceramic tile flooring, paint, stained car siding on the ceiling throughout, and a detached 23x20 +/- feet outdoor addition that could be used as a smoke room, bandstand, or additional seating. All refrigerators/freezers, ice makers, tables/bar stools and more, will be conveyed in the sale which make for a simple transfer of business. With the daily traffic count exceeding 4,000 and the large parking lot sitting adjacent to the business, there are endless opportunities to either continue operating as a tavern and/or gaming facility, or turning this into a different business of your choosing!
Location
State IL
County Madison
Area 787 - Other
Interior
Heating Natural Gas
Cooling Central Air
Flooring Ceramic Tile, Concrete
Fireplace N
Appliance Freezer, Ice Maker, Microwave, Refrigerator, Electric Water Heater
Exterior
Utilities Available Electricity Connected, Water Connected
View Y/N No
Building
Structure Type Metal Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://youtu.be/BH9b66VMAJI
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Listed by John Hoefert • Tarrant And Harman Real Estate
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