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7,516 SF Bar/Restaurant 1324 Jamie Ln 7,516 SF Retail Building Waterloo, IL 62298 $995,000 ($132.38/SF)



EXECUTIVE SUMMARY
Large Restaurant/Bar Event Space in Waterloo – This facility was completely remodeled in 2023, it features a bright and spacious main food and bar area with overhead doors opening to expansive front and rear outdoor seating. The main bar is spectacular with seating surrounding the bar.
The food service is currently set up with a walk up ordering and pickup counter. The family friendly arcade 2,000 SF area featuring pool tables and arcade games. It is located opposite the kitchen, has 12' ceilings and is adjacent to the men’s and women’s restrooms. Gaming Lounge features bar seating with possibilities for a private party room or continued use as a gaming lounge.
The kitchen has been completely remodeled and re-equipped with new equipment. Complete kitchen inventory is attached. There is a walk-in cooler/freezer, plus a large beer cooler that is set up for easy deliveries and offers expanded cooler space. A covered section that connects to the main bar via an overhead door and standard door. An area with a retractable awning adjacent to the gaming lounge. Front seating that integrates with the main bar through five overhead doors, creating an open-air environment. These features allow for flexible use of indoor and outdoor spaces, enhancing the venue’s capacity (+/- 150 ) and allows for outdoor activities.
Sale includes real estate. FF&E is negotiable. Contact Broker for equipment list. Business is operating, please do not approach the employees about the sale. Call listing broker for more information
Located at 1324 Jamie Lane in Waterloo, Illinois, this bar/restaurant is situated about 30 minutes southeast of St. Louis. Waterloo is known for its historic downtown. The venue is accessible from major routes, being 5 minutes from IL-3, 15 minutes from I-255, and 25 minutes from I-64. Nearby points of interest include the Waterloo Historic District (5 minutes away), Zimmer Park (3 minutes away), and the Monroe County Fairgrounds (7 minutes away).
The food service is currently set up with a walk up ordering and pickup counter. The family friendly arcade 2,000 SF area featuring pool tables and arcade games. It is located opposite the kitchen, has 12' ceilings and is adjacent to the men’s and women’s restrooms. Gaming Lounge features bar seating with possibilities for a private party room or continued use as a gaming lounge.
The kitchen has been completely remodeled and re-equipped with new equipment. Complete kitchen inventory is attached. There is a walk-in cooler/freezer, plus a large beer cooler that is set up for easy deliveries and offers expanded cooler space. A covered section that connects to the main bar via an overhead door and standard door. An area with a retractable awning adjacent to the gaming lounge. Front seating that integrates with the main bar through five overhead doors, creating an open-air environment. These features allow for flexible use of indoor and outdoor spaces, enhancing the venue’s capacity (+/- 150 ) and allows for outdoor activities.
Sale includes real estate. FF&E is negotiable. Contact Broker for equipment list. Business is operating, please do not approach the employees about the sale. Call listing broker for more information
Located at 1324 Jamie Lane in Waterloo, Illinois, this bar/restaurant is situated about 30 minutes southeast of St. Louis. Waterloo is known for its historic downtown. The venue is accessible from major routes, being 5 minutes from IL-3, 15 minutes from I-255, and 25 minutes from I-64. Nearby points of interest include the Waterloo Historic District (5 minutes away), Zimmer Park (3 minutes away), and the Monroe County Fairgrounds (7 minutes away).
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,516 SF
Building Class
B
Year Built/Renovated
1999/2023
Price
$995,000
Price Per SF
$132.38
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.34 AC
Zoning
B-2 - General Business District
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $340,138 (2024) | |
| Land Assessment | $82,893 (2024) | Total Assessment | $423,031 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$82,893 (2024)
Improvements Assessment
$340,138 (2024)
Total Assessment
$423,031 (2024)
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7,516 SF Bar/Restaurant | 1324 Jamie Ln
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