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Turn-Key Restaurant 1415 McKinley St 3,982 SF Retail Building Mascoutah, IL 62258 $1,000,000 ($251.13/SF)
INVESTMENT HIGHLIGHTS
- Turn Key Restaurant
- Marquee Signage on Route 177
- Room to expand outdoor activities on 3.48 Acres
- GM willing to train new owner
- Large Parking Lot
- Fully Equipped Kitchen
EXECUTIVE SUMMARY
TURN-KEY ESTABLISHED RESTAURANT
• 4,000 SF +/- Restaurant on 3.48 acres
• Marquee Signage located on Route 177
• Dining area, private party room, bar area, gaming area (IL licensed machines),outdoor patios with a bandstand, fully equipped kitchen.
• Large Parking Lot with 52 Parking Spaces
• Less than 25 minutes from Saint Louis and 5 miles from Scott Air Force South gate.
• Sale Price Total: $1,000,000
• Building & Land Only $750,000,
• Business & Furniture, Fixtures & Equipment (FF&E) $250,000
*Main dining room seats 100, Private dining Room seats 26, Bar Area Seats 26 & Total Outdoor seating is 105.
Acreage is large enough for more outdoor additions!
Potential to add catering and deliveries for additional income.
Please do not approach employees or owners about the sale. All tours must be scheduled with a Broker.
Potential Buyers must sign a NDA if requesting financials & FF&E.
General Manager is willing to train new owner.
Reason for selling: Seller is wanting to retire.
• 4,000 SF +/- Restaurant on 3.48 acres
• Marquee Signage located on Route 177
• Dining area, private party room, bar area, gaming area (IL licensed machines),outdoor patios with a bandstand, fully equipped kitchen.
• Large Parking Lot with 52 Parking Spaces
• Less than 25 minutes from Saint Louis and 5 miles from Scott Air Force South gate.
• Sale Price Total: $1,000,000
• Building & Land Only $750,000,
• Business & Furniture, Fixtures & Equipment (FF&E) $250,000
*Main dining room seats 100, Private dining Room seats 26, Bar Area Seats 26 & Total Outdoor seating is 105.
Acreage is large enough for more outdoor additions!
Potential to add catering and deliveries for additional income.
Please do not approach employees or owners about the sale. All tours must be scheduled with a Broker.
Potential Buyers must sign a NDA if requesting financials & FF&E.
General Manager is willing to train new owner.
Reason for selling: Seller is wanting to retire.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| 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
Building Size
3,982 SF
Building Class
B
Year Built
1997
Price
$1,000,000
Price Per SF
$251.13
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
3.48 AC
Zoning
General Commercial
Parking
52 Spaces (10 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $131,522 (2024) | |
| Land Assessment | $29,309 (2024) | Total Assessment | $160,831 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$29,309 (2024)
Improvements Assessment
$131,522 (2024)
Total Assessment
$160,831 (2024)
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Turn-Key Restaurant | 1415 McKinley St
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