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7905 W Lincoln Hwy 8,000 SF Retail Building Frankfort, IL 60423 $1,867,576 CAD ($233.45 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy traffic
- Grandfathered Gaming
- Possible Seller Financing
- Flex Use
- Sizable Lot
EXECUTIVE SUMMARY
Recently updated 7905 West Lincoln Highway, where an incredible opportunity awaits! Nestled in a prime corner location, this property boasts a thriving Night Club & Bar setup, complete with liquor licenses and coveted grandfathered Gaming Licenses.
Key Features:
*High Traffic Location: Situated on the bustling Route 30, ensuring a steady flow of customers.
*Grandfathered Gaming: Enjoy consistent revenue streams from gaming activities.
*Adaptable Floor Plan: The space offers versatility for various business concepts.
*Flexible Use - C2 Zoning: Explore a range of possibilities for business operations.
*Redevelopment Potential: With a sizable lot and flexible terms, envision the future of this property.
*Bonus Outdoor Patio/Beer Garden: Perfect for patrons to enjoy the ambiance outdoors.
*Parking Convenience: Accommodate up to 60 cars with ease, ensuring accessibility for customers.
Bar, lounge and beer garden recently renovated and seller after decades of operations would now like to retire. Whether you're interested in taking over the existing business with equipment or embarking on a redevelopment project, this property offers endless potential.
Details:
Address: 7905 West Lincoln Highway
Lot Size: Generously sized to accommodate various ventures
Contact: Reach out to the listing agent for further details and to seize this lucrative opportunity.
Don't miss out on this chance to own a prime piece of real estate in a high-traffic area. Act now and make an offer today!
Key Features:
*High Traffic Location: Situated on the bustling Route 30, ensuring a steady flow of customers.
*Grandfathered Gaming: Enjoy consistent revenue streams from gaming activities.
*Adaptable Floor Plan: The space offers versatility for various business concepts.
*Flexible Use - C2 Zoning: Explore a range of possibilities for business operations.
*Redevelopment Potential: With a sizable lot and flexible terms, envision the future of this property.
*Bonus Outdoor Patio/Beer Garden: Perfect for patrons to enjoy the ambiance outdoors.
*Parking Convenience: Accommodate up to 60 cars with ease, ensuring accessibility for customers.
Bar, lounge and beer garden recently renovated and seller after decades of operations would now like to retire. Whether you're interested in taking over the existing business with equipment or embarking on a redevelopment project, this property offers endless potential.
Details:
Address: 7905 West Lincoln Highway
Lot Size: Generously sized to accommodate various ventures
Contact: Reach out to the listing agent for further details and to seize this lucrative opportunity.
Don't miss out on this chance to own a prime piece of real estate in a high-traffic area. Act now and make an offer today!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built
1975
Price
$1,867,576 CAD
Price Per SF
$233.45 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
2.76 AC
Zoning
C2-2 - Motor Vehicle-Related Commercial District
take90/94expressways to !-57 south Lincoln Hw& west to property
Parking
60 Spaces (7.5 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Corner Lot
- Courtyard
- Restaurant
- Security System
- Storage Space
PROPERTY TAXES
| Parcel Number | 19-09-24-300-008 | Improvements Assessment | $287,295 CAD |
| Land Assessment | $79,816 CAD | Total Assessment | $367,111 CAD |
PROPERTY TAXES
Parcel Number
19-09-24-300-008
Land Assessment
$79,816 CAD
Improvements Assessment
$287,295 CAD
Total Assessment
$367,111 CAD
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7905 W Lincoln Hwy
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