3325 Ridge Rd - Bar FOR SALE


Lansing, IL 60438
$725,000 USD
219-308-9629
3325 Ridge Rd, Lansing, IL for Sale
$725,000 USD
Bar - FOR SALE
1/24
null | Request Cap Rate

3325 Ridge Rd
Lansing, IL 60438


HIGHLIGHTS

  • 6 High Earning Gaming Machines.
  • Central Business District Location.
  • Low Taxes at $9,165.
  • Walking distance to Fox Pointe Ampitheater Venue.
  • Full Remodel in 2023.
  • Large patio offers great value add opportunity.

OVERVIEW

Prime Location!! Freshly remodeled Bulldog Ale House in Central Business District of downtown Lansing. 6 high earning gaming machines, seating for over 100 & massive bar with spacious seating & 6 TV's. Rooms can be easily split to accommodate private parties/events with booth & table seating in secondary space. Full Kitchen with pizza oven, cooktops, prep area & coolers. Outdoor patio with bar & additional seating offers a great value add opportunity. Over 100 parking spaces in rear of building city owned & maintained with additional street parking in front. Huge 3-bedroom apartment upstairs offers additional revenue opportunity. Located directly across from Fox Point Ampitheater which hosts multiple concerts & events throughout the warmer months. Very Low Taxes.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bulldog Ale House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

B4

APN/PARCEL ID

30-32-302-005-0000

ASK ABOUT THIS PROPERTY

Bill KornblumRealty Executives PremierMore Info
219-308-9629

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

Bill KornblumRealty Executives PremierMore Info
219-308-9629

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