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132 N State Street

Belvidere, IL 61008
  • $450,000
  • STATUS: Active
  • ON SITE: 154 Days
  • MLS #: 11142613
UPDATED: 32 min ago
$450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,034
    SQFT
  • $89
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Owner Reduced Price with Big Price Reduction. Historic Downtown Belvidere. City of Murals. Restaurant with Apartment and Business for sale. Currently is a established Pizza Restaurant with Dining Area with 7 booths with bench seating and 6 tables with chair seating. Also has a Service Bar counter. Full service Kitchen was installed in 1999 $120,000 - Also New wall tile, New bathrooms, 11ft hood walk in freezer. $30,000 new tile in 2018. Basement is Clean and dry and set up with a walk in cooler, storage, soda storage, extra supplies ext. Current owners have been running since 1998. The building is well cared for. Many updates and improvements. This is a turn key operation. Owners are willing to train new owners if they want to keep it a pizza establishment. Apartment upstairs was fully renovated in 2005. This is just an added bonus featuring 4 Bedrooms, Full Kitchen you have to see, Living Room, Dinning Room, Full Bath Room, Deck off Kitchen and laundry Room. Apartment has separate entrance to rear and access to Restaurant Kitchen. Many walk in Closets. Full list of improvements and updates upon request. Real Estate and Fixtures is listed for sale at $450,000 and Business Business equipment and training at $100,000. Owners have been running for over 20 years. This would be great for owner operator with the apartment upstairs for additional income or for live in owners. Free Parking in front and Free city parking lot across the street for additional parking.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-03T07:11:30.853 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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132 N State Street Belvidere, IL 61008

  • Price: $450,000
  • Status: Active
  • On Site: 154 Days
  • Updated: 32 min ago
  • MLS #: 11142613
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,034
SQFT
$89
$/SQFT
Neighborhood:
Belvidere
County:
Boone
Area:
Belvidere
Property Description
Owner Reduced Price with Big Price Reduction. Historic Downtown Belvidere. City of Murals. Restaurant with Apartment and Business for sale. Currently is a established Pizza Restaurant with Dining Area with 7 booths with bench seating and 6 tables with chair seating. Also has a Service Bar counter. Full service Kitchen was installed in 1999 $120,000 - Also New wall tile, New bathrooms, 11ft hood walk in freezer. $30,000 new tile in 2018. Basement is Clean and dry and set up with a walk in cooler, storage, soda storage, extra supplies ext. Current owners have been running since 1998. The building is well cared for. Many updates and improvements. This is a turn key operation. Owners are willing to train new owners if they want to keep it a pizza establishment. Apartment upstairs was fully renovated in 2005. This is just an added bonus featuring 4 Bedrooms, Full Kitchen you have to see, Living Room, Dinning Room, Full Bath Room, Deck off Kitchen and laundry Room. Apartment has separate entrance to rear and access to Restaurant Kitchen. Many walk in Closets. Full list of improvements and updates upon request. Real Estate and Fixtures is listed for sale at $450,000 and Business Business equipment and training at $100,000. Owners have been running for over 20 years. This would be great for owner operator with the apartment upstairs for additional income or for live in owners. Free Parking in front and Free city parking lot across the street for additional parking.
Exterior Features

Frontage Type City StreetAlley Access Lot Size Less Than .25 Acre Parking Total 2 Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Central Bldg HeatForced AirGas Miscellaneous Inside Private Restroom/SPublic Restroom/SStorage InsideLaundry Room

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2021 Annual Rent For Real Estate 0 Building Area Total 5034 Business Age 11+ Years Business Type Restaurant Corporate Limits Belvidere Current Use Commercial Electric Service - 201 To 600 Amps Gross Profit Year 2021 Gross Sales Annual 0 Gross Sales Annual Year 2021 Location Central Business District Operating Expense 0 Ownership Types Corporation Possible Use CommercialLiquor LicenseRetail Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentTrade FixturesTrade Mark/SInventoryCustomer ListOwner Will TrainBusiness Name Tax Annual Amount 3133.48 Tax Year 2020 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceRepairsRoofScavengerStructureSewerGas Type Bus / Bus W/Real Est Type Of Lease None Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Weichert Realtors - Tovar Prop.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-03T07:11:30.853 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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