207 E Main St - Bar FOR SALE


Toledo, IL 62468
$200,000 USD
217-348-0191
207 E Main St, Toledo, IL for Sale
$200,000 USD
Bar - FOR SALE
1/18
null | Request Cap Rate

207 E Main St
Toledo, IL 62468


HIGHLIGHTS

  • One of only two establishments in Toledo with a video gambling license.
  • Turnkey opportunity.
  • Annual average of over $300,000 in NTI since 2021.

OVERVIEW

An exceptional investment opportunity awaits at The Lucky Pig, one of only two establishments with licensed gambling in Toledo, IL. This well-established slot machine parlor and bar combines a welcoming atmosphere with profitable gaming facilities. generating an impressive Net Terminal Income exceeding $300,000 annually over the last three years. Add the additional revenue from alcohol and food sales as well as the income from the ATM and jukebox, and it is easy to see why these businesses are sought after. The 1,110-square-foot space features a gaming room with 6 machines, a granite-topped, L-shaped bar, and cozy seating with nostalgic decor. With both the business and the building being sold together, The Lucky Pig offers a turnkey setup for a smooth transition. Situated on a 0.38-acre lot with ten parking spaces and a detached garage, this unique business is poised for continued success. Schedule a tour to explore this rare opportunity today.

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Lucky Pig

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

Commercial

APN/PARCEL ID

08-30-313-009-0000

ASK ABOUT THIS PROPERTY

Mike StatonColdwell Banker Classic Real EstateMore Info
217-348-0191

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Mike StatonColdwell Banker Classic Real EstateMore Info
217-348-0191

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