1324 Jamie Ln - Restaurant FOR SALE


Waterloo, IL 62298
$995,000 USD
618-277-4400
1324 Jamie Ln, Waterloo, IL for Sale
$995,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

1324 Jamie Ln
Waterloo, IL 62298


OVERVIEW

Large Restaurant/Bar Event Space in Waterloo – This facility was completely remodeled in 2023, it features a bright and spacious main food and bar area with overhead doors opening to expansive front and rear outdoor seating. The main bar is spectacular with seating surrounding the bar. The food service is currently set up with a walk up ordering and pickup counter. The family friendly arcade 2,000 SF area featuring pool tables and arcade games. It is located opposite the kitchen, has 12' ceilings and is adjacent to the men’s and women’s restrooms. Gaming Lounge features bar seating with possibilities for a private party room or continued use as a gaming lounge. The kitchen has been completely remodeled and re-equipped with new equipment. Complete kitchen inventory is attached. There is a walk-in cooler/freezer, plus a large beer cooler that is set up for easy deliveries and offers expanded cooler space. A covered section that connects to the main bar via an overhead door and standard door. An area with a retractable awning adjacent to the gaming lounge. Front seating that integrates with the main bar through five overhead doors, creating an open-air environment. These features allow for flexible use of indoor and outdoor spaces, enhancing the venue’s capacity (+/- 150 ) and allows for outdoor activities. Sale includes real estate. FF&E is negotiable. Contact Broker for equipment list. Business is operating, please do not approach the employees about the sale. Call listing broker for more information Located at 1324 Jamie Lane in Waterloo, Illinois, this bar/restaurant is situated about 30 minutes southeast of St. Louis. Waterloo is known for its historic downtown. The venue is accessible from major routes, being 5 minutes from IL-3, 15 minutes from I-255, and 25 minutes from I-64. Nearby points of interest include the Waterloo Historic District (5 minutes away), Zimmer Park (3 minutes away), and the Monroe County Fairgrounds (7 minutes away).

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

B-2

APN/PARCEL ID

07-13-101-004-000

ASK ABOUT THIS PROPERTY

Joe HardinBarberMurphy GroupMore Info
618-277-4400

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Joe HardinBarberMurphy GroupMore Info
618-277-4400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.