Owner Details

Randy Friemel

(563) 349-7549

randy.friemel@gmail.com

Contact Owner

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Property Details

Multi-Use Building

Address: 313 N Canal St, Annawan, IL, 61234

From East bound I-80 heading to Chicago take Annawan exit 33 and you'll be greeted by the front of this 10,000 sq ft multi-use building. Situated off a major highway, in front of a hotel and on the feeder road to Kiwanee this location sees a lot of traffic. Currently modeled for multiple income streams; Restaurant with Coffee Bar, Sports Bar with Outdoor Patio, Slots Lounge, Tenant Lease space and Banquet Hall with Catering Kitchen. Property includes two car detachted garage with a small workshop. Remodeled in 2018. All equipment necessary to open for business (pictured) can be included for $10,000.

Highlights : Restaurant with Coffee Bar, Sports Bar with Outdoor Patio, Slots Lounge, Tenant Lease space and Banquet Hall with Catering Kitchen. Property includes two car detached garage with workshop.
Area : 53,579 Sqrt. Ft., 1.23 Acres
Year Built: 1999
Building Area: 10000 Sq Ft/Sq M
Property Type: Mixed Use
Status: Active
Cap. Rate: 0.0%
Units/Office/Rooms: 8
Owner Financing: Yes
Price: USD 470,000
Net Operating Income: USD 0