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320 E MAIN Street Rochester ,
Illinois IL 62563 Status Closed
Sold Date 1/11/2023
SqFt
2,000
Acres
0.270
County Sangamon
Property Type Commercial Sale
Property Sub Type Commercial
Description
Investors! Here’s your chance to own a lucrative commercial space in Rochester, presently operating as The Alibi Bar & Grill. This full service, 2000 Sq Ft building was completely rehabilitated in 2016, and tenant is currently serving a modified gross lease through 2025.
Property Type
Commercial Sale
Property Sub Type
Commercial
Zoning
B1
Levels
One, Free Standing
Available SqFt
2000
Heating
Forced Air
Cooling
Central Air
Construction Materials
Brick, Vinyl Siding, Frame
Frontage Type
City Street, Corner Lot
Sewer
Public Sewer
Roof
Wood
Directions
On the Corner on Main and 29
Building Name
Alibi
MLS Area Minor
Buckhart, New City, Rochester
Buyer Agency Compensation
3%
Possible Use
Other, Bar/Tavern
For Sale
yes
Owner Pays
Common Area Maintenance, Insurance, Taxes
Tax Annual Amount
3371.18
Tax Incentive
None
Tax Year
2021
Current Financing
Cash Only, Conventional
Net Operating Income
-3371
For Lease
no
Lease Type
Gross
Lease Term
Other
© Copyright 2024 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than WHY USA Schramm and Associates are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed
The RMLS data on this page was last updated on Thursday, March 28th, 2024.
Listed by: Keller Williams Capital john.kerstein@kw.com