164 N Schuyler Avenue Kankakee, IL 60901
Retail
MLS #: 12749692
Courtesy Of McColly Real Estate
Property InformationDescription
KANKAKEE - FOR SALE - Investment Opportunity - Fully leased Restaurant. This stable tenant has been operating at this location for over a decade and have 4 years left on their lease! Property offered at a 10 cap return. This well-maintained, two-story property offers an impressive combination of dining, bar, entertainment, and event space with above-average finishes throughout. The main level features a full commercial kitchen (with fire suppression system), spacious dining area, full bar, and two large restrooms. The second floor provides additional dining and private-event/party space, a second bar, two restrooms, and convenient storage-offering excellent flexibility for banquets, private parties, or expanded restaurant operations. A full basement provides substantial storage and mechanical space along with a large walk-in cooler and dedicated wine-cellar area. Additional features include a fenced brick-paver patio offering outdoor dining potential. Located downtown on Schuyler Ave., great location! Great investment, call today!
Features
- Age: Over 50 Years Old
- Building Units: 1
- Cooling System: Central Air
- Exterior Type: Wood
- Exterior Type: Brick
- Floor Covering: Wood
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 2
- MLSID: 12749692
- Roof Type: Membrane
MAP & DIRECTIONS
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