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Investment opportunity! Tenant in place with 5 years remaining on the lease. This gorgeous restaurant property features an all brick exterior, soaring ceilings and exposed rafters in the bar and dining room plus a spacious kitchen. There are 20 seats at the bar plus casual seating for 20 more in the bar area. The dining area features 8 booths and seating for 72 plus room for more. The event space can accommodate an additional 40 seats. The patio with tasteful landscaping and screening has room for more than 40 seats. Many recent improvements include interior renovations and a complete renovation of the event space. The building has been well maintained and features two newer roof top units. No deferred maintenance! All FF&E including the kitchen equipment, ventilation hoods and fire suppression system conveys with the sale. The tenant is an Italian casual dining concept. This opportunity offers a 7.68% return at the list price.
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$1,815,000
5
7
8,740 Sq ft
ACTIVE
MLS# MRD11892255

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Based on information submitted to the MRED as of date and time shown below. 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. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 26th September, 2023 2:15 AM (UTC)
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. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 26th September, 2023 2:15 AM (UTC)
Listing Office: Coldwell Banker Real Estate Group
Attribution contact: 630-232-6900