955 E State St - Restaurant FOR SALE


Bridgeport, IL 62417
$399,900 USD
618-943-4905
955 E State St, Bridgeport, IL for Sale
$399,900 USD
Restaurant - FOR SALE
1/1
null | Request Cap Rate

955 E State St
Bridgeport, IL 62417


HIGHLIGHTS

  • Buy A Local Piece of History and Be Your Boss!
  • Long Standing History.
  • Buy The Famous Recipes You Love!

OVERVIEW

World's Famous "Gray's Restaurant" Buy A Local Piece of History and Be Your Boss! OFFERED FOR SALE AT $399,900 Package Includes Long Standing History & Excellent Reputation, High Traffic Location on Main County Highway (1.5+/- Total Acres), Equipment, "Gray's Branding / Name", Client List for Meat Sells, Client List for Past Catering Events, All Equipment owned by Restaurant (some Leased), All Inventory on Hand, Top Secret Recipes and even a Transitional Period from Current Owner that includes the Tried and True Top Secret Tips & Tricks that have made this Business what it is!   Buy The Famous Recipes You Love! High Traffic Count Location with Direct Access to Major Local Highway with Full Frontage Access! Dedicated Customer / Client Parking in Front & Side! Plus a large amount of Parking in the Rear! Easily 75+/- Parking Spots! Total Ingress / Egress Points: Full Route 250 / East State Frontage plus Access Through Rear of Lots to City Street (Corporation) Square Footage: 2,632 Square Feet Not including Walk-in Freezer. Number of Floors: 1 Level  Property Type: Commercial Restaurant Property Sub-Type: Restaurant with Gaming & Liquor  Sale Type: Owner Brief Equipment List of Items included: Slicer, Hamburger Patty Press, Meat Grinder, Meat Saw, Ice Machine, 2 Walk-in Freezers, 3 Chest Freezers, 4' Vulcan Grill, 2 Vulcan Deep Fryers, Gas Range, Reach-in Refrigerator, Bottled Beer Refrigerator, 2 Mug Freezers, Draft Beer Refrigerator Box with Draft Heads, Chairs, Tables, Signage, Glasses, Place Settings, Flatware, All Cooking and Bakeware, Kitchen Utensils and  Please Note: Current owner is not retaining the Gaming License and Liquor License / they are included in the sale, however, the purchaser will have to complete the application process to receive the license/machines. Complete Business opportunities like this do not come available to the market very often! Call Today! Call us today to schedule your showing! Day, evening, or weekend appointments are available! We work with your schedule for ultimate flexibility. Please note: Showings During High-Demand Lunch and Dinner times will try to be avoided, however, not impossible. Please Note: Once interested parties have viewed the property, obtained proof of funds / pre-approval letter, and signed Non-Disclosure Agreement, complete financials will be provided to the interested party by the current owner's Certified Public Accountant.

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gray's Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

-

APN/PARCEL ID

03-001-720-00,03-001-721-00,03-001-722-00,03-001-723-00

ASK ABOUT THIS PROPERTY

Zane ParrottParrott Marketing Group, LLCMore Info
618-943-4905

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Zane ParrottParrott Marketing Group, LLCMore Info
618-943-4905

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