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    402 S Madison Street

    Lebanon, IL 62254
    • $225,000
    • STATUS: Active
    • ON SITE: 279 days
    • ID#: 20009982
    $225,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $75
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Turn -key restaurant in Lebanon. Previously serving Italian Food. Sets +/- 85 people. With the current liquor license, restaurant has 3 video slots that can remain with a valid liquor license. Kitchen equipped and fixtures remain. Separate Banquet Room available in area that can be closed off from restaurant. Great opportunity with an established business!

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    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-11-23T23:48:58.1.

    Keller Williams Realty West: 636-229-8583
    www.searchallstlouishomes.com/homes/103330723
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    402 S Madison Street Lebanon, IL 62254

    • Price: $225,000
    • Status: Active
    • ID#: 20009982
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    3,000
    SQFT
    $75
    $/SQFT
    1951
    Built
    Neighborhood:
    Sargents J L
    County:
    St Clair
    Property Description
    Turn -key restaurant in Lebanon. Previously serving Italian Food. Sets +/- 85 people. With the current liquor license, restaurant has 3 video slots that can remain with a valid liquor license. Kitchen equipped and fixtures remain. Separate Banquet Room available in area that can be closed off from restaurant. Great opportunity with an established business!
    Exterior Features

    Building Type Restaurant Construction Conventional Exterior Other Land Info Included Lot Dimensions 100X50 Parking Description Concrete Parking Spaces 6 Road Access City StreetCounty Road Road Frontage 100 Roof Asphalt Shingle Unit Location CityHigh Traffic

    Interior Features

    Cooling Central-Electric Heating Forced Air Interior Walls Drywall Miscellaneous Exterior LightingKitchen Facilities

    Property Features

    Association Realtor Association Of Southwestern Illinois Building Fuel ElectricGas Commercial Property Type Other Conditions Unknown Current Use Restaurant Disclosures Othr-Call List Agent Docs Avail At Office Aerial Photo Electric Service Ameren Gross Operating Income 0.00 Lot Size Source County Records Net Income 0.00 Offering Sale Operating Expense ElectricityGasHeat/CoolingMaintenanceProperty InsuranceReal Estate TaxWater & Sewer Possession At Closing Possible Buyer Fees YN No Potential Use Food/Bev/Restaurant Sale Includes Building OnlySome EquipmentSome FixturesSome Inventory Selling Terms CashConventionalGovernment Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source County Records Tax Year 2018 Taxes Paid 5745 Total Expenses 0.00 Utilities Available CableElectricGasWaterSewer Water Public Zoning Commercial

    Listing provided courtesy of Coldwell Banker Brown Realtors. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-11-23T23:48:58.1.

    Keller Williams Realty West: 636-229-8583
     
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    Keller Williams Realty West
    856 Waterbury Falls Drive
    O'Fallon MO, 63368