Riverfront Restaurant Opportunity Is A Turn-Key Business With Loads Of Potential
Media
Summary
Property
- Type
- Commercial Land
- Road Frontage
- Township Road
- Road Surface
- Pavement
- Outbuildings
- Shop
Land Details
- Tillable
Description
Riverbank Bar and Grill is a turn-key business sitting perfectly off the Illinois River and Florence Bridge. With an established name in the area, the business boasts an impressive loyal customer base, and a variety of food offerings, and is located right off the river. They currently offer a full menu for lunch and dinner along with a full bar. It’s set up so you can continue the current operation or implement your own business concept. With 4,288 sqft of restaurant/bar space, including a covered outdoor patio seating area with a well-built stage, it also offers plenty of room for future expansion. The outdoor patio also features two heaters and can be enclosed with plastic in the winter to be used year-round. The owner oversees and manages the day-to-day operations of the business. The ground from the restaurant to the river has been planted in beans this year and could continue to be planted or used for potential cabin sites or camping. The parking lot is substantially large to easily host big events. The shed on the west side of the property creates a significant amount of storage space. With a planned adjacent bridge project underway, giving better access to the business from across the Illinois River, there is a tremendous opportunity to increase revenue. Potential buyers can rest assured that this restaurant has proven to be resilient.
Details
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Ideal riverside location near Florence bridge on the Illinois River
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Well-established with loyal customers and diverse menu
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Full lunch and dinner menus plus a complete bar service
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Opportunity to continue current concept or innovate
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Ample space with 4,288 sqft of restaurant/bar, covered outdoor patio, with stage
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The shed with substantial storage space
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Nearby bridge project will improve access
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Proven resilience ensures buyer confidence
Other
Coordinates
39.6335, -90.61071
Annual Taxes
$6,577
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
