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19803765
19803794

945 1st St, La Salle, IL 61301 For Sale

GS
IL 475.092481
Coldwell Banker Real Estate Group Ottawa
Listed by Coldwell Banker Real Estate Group Ottawa
$174,999
690 days on market
Updated 165 days ago

Doc's Pub

Details
APN 18-15-416-018 & 18-15-416-019
Property Type Mixed Use, Retail
Sub Type Bar, Storefront
Square Footage 2,800
Units 2
Occupancy 100%
Price per SqFt $63
Broker Co-Op Yes
Buildings 1
Stories 2
Lot Size (SqFt) 4,800
Ownership Fee Simple

Doc's Pub in Lasalle - 2 PINs - Main level bar/commercial space w/residential apartment upstairs

Marketing description

Docs Pub, located at 945 1st St. in Lasalle, is a versatile bar with both entertainment and residential potential. The main bar area spans 17x40 and features sleek stainless steel countertops, creating a modern and inviting atmosphere. Adjacent to the bar is a 15x18 game room. There's also a small space that previously served as a kitchen, with the potential to be converted back into one. Upstairs, the property includes a two-bedroom, one-bathroom apartment with a living room, dining room, and kitchen. Currently rented for $850 per month, this apartment provides a steady income stream. The business currently operates with three gaming machines, with the opportunity to expand to six, offering additional revenue potential. An outdoor area (with separate PIN) is being included in the sale, which could be developed into a beer garden or other options to enhance the venue's appeal. This property presents endless possibilities, whether you're looking to operate a successful bar, expand gaming options, or explore new ventures in the indoor and outdoor space.

Investment highlights

  1. Prime Location: Docs Pub, located at 945 1st St. in Lasalle, offers a strategic location with both entertainment and residential potential.

  2. Modern Bar Area: The main bar spans 17x40 feet, featuring sleek stainless steel countertops that create a contemporary and inviting atmosphere.

  3. Additional Entertainment Space: Adjacent to the bar is a 15x18 game room, providing space for additional entertainment options.

  4. Conversion Potential: A small space that previously served as a kitchen can be easily converted back, allowing for food service or other uses.

  5. Residential Income: The property includes a two-bedroom, one-bathroom apartment upstairs, complete with a living room, dining room, and kitchen. This apartment is currently rented for $850 per month, providing a reliable income stream.

  6. Gaming Expansion: The business currently operates three gaming machines, with the opportunity to expand to six, offering potential for increased revenue.

  7. Outdoor Development Opportunity: An outdoor area with a separate PIN is included in the sale, offering the potential to develop a "Beer Garden" or other outdoor ventures to enhance the venue's appeal.

  8. Versatile Property: This property presents endless possibilities, whether you're looking to run a successful bar, expand gaming options, or explore new indoor and outdoor business ventures.

Listing Contacts

GS
IL 475.092481
Coldwell Banker Real Estate Group Ottawa
Listed by Coldwell Banker Real Estate Group Ottawa

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