112 S Maple Street
$600,000
112 S Maple Street, Sycamore, IL 60178
4,148 sqft
Building Size
0.0735 acres
Lot Area
Details:
Highlights:
- Age: Over 50 Years Old
- Basement: None
Description:
Don't miss this exceptional investment opportunity in the heart of downtown Sycamore. Positioned as an 8% cap rate at the list price the property will provide an excellent ROI over time. This is a real estate sale only. The tenant is a long standing and succesful restaurant and the location is unbeatable. The current restaurant was established in 2004 and the building has a history as a restaurant before that. The building features two main dining areas, a private dining room, a bar and a fully equipped kitchen. There are two restrooms for patrons and there is one employee restroom in the back. The building is low maintenance all brick construction and one of the two roof top HVAC units has been updated. The real estate is owned by the business owner and they require a lease back so this is purely a real estate investment opportunity. The lease terms moving forward can be negotiable. Do not walk through without a confirmed appointment or approach the employees.
Listing ID: bee0d7ec-344a-43fd-894c-72605de3c1e9
Documents:
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Location
Gallery
