Listed by Barbermurphy Group
$2,750,000
Investment Opportunity: Multi-Tenant Property
Details
APN 13-2-21-33-08-202-010, 13-2-21-33-08-202-013, 13-2-21-33-08-202-011, 13-2-21-33-08-202-013.001
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 20,755
Cap Rate 6.80%
NOI $187,458
Occupancy 91%
Price per SqFt $204
Year Built 1930
Year Renovated 2022
Acreage 0.940
Zoning Planned Uptown Collinsville District
Parking Spaces 20 spaces
Parking Per SqFt 0.96
Ground Lease No
Investment Property for Sale
Marketing description
Multi-Tenant investment property featuring a diverse range of spaces, including a restaurant, distillery, brewery, lounge, event space, sports bar, and a barber shop. Additionally, it includes a beer garden equipped with a concession stand, restrooms, and an elevated stage.
One block south of Illinois 159 in Downtown Collinsville.
Listing Contacts
Listed by Barbermurphy Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$187,458.00
$15,621.50/mo
Valuation Metrics
0
DSCR
6.82%
Cap Rate
6.82%
ROI
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