Bulldog Ale House 3325 Ridge Rd 4,540 SF Retail Building Lansing, IL 60438 $725,000 ($159.69/SF)
INVESTMENT HIGHLIGHTS
- 6 High Earning Gaming Machines.
- Low Taxes at $9,165.
- Full Remodel in 2023.
- Central Business District Location.
- Walking distance to Fox Pointe Ampitheater Venue.
- Large patio offers great value add opportunity.
EXECUTIVE SUMMARY
Prime Location!! Freshly remodeled Bulldog Ale House in Central Business District of downtown Lansing. 6 high earning gaming machines, seating for over 100 & massive bar with spacious seating & 6 TV's. Rooms can be easily split to accommodate private parties/events with booth & table seating in secondary space. Full Kitchen with pizza oven, cooktops, prep area & coolers. Outdoor patio with bar & additional seating offers a great value add opportunity. Over 100 parking spaces in rear of building city owned & maintained with additional street parking in front. Huge 3-bedroom apartment upstairs offers additional revenue opportunity. Located directly across from Fox Point Ampitheater which hosts multiple concerts & events throughout the warmer months. Very Low Taxes.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
4,540 SF
Building Class
B
Year Built/Renovated
1903/2023
Price
$725,000
Price Per SF
$159.69
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
0.18 AC
Zoning
B4
Parking
140 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
51’ on Ridge Rd
AMENITIES
- Restaurant
- Security System
- Signage
- Accent Lighting
- Air Conditioning
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 30-32-302-005-0000 | Improvements Assessment | $14,725 |
| Land Assessment | $4,275 | Total Assessment | $19,000 |
