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1405 4th St., Charleston, IL 61920


Commercial Property MLS# 3YD-RFGCB-Z5VCM6 ID: 39757260
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Retail, Hosp. Restaurant - Charleston, IL
Turn-key restaurant and night club. The restaurant occupies the west half of the building with a fully operational kitchen and POS system. The restaurant has two levels of dining and a first floor bar. The east half of the building functions as a night club which attracts students at Eastern Illinois University. The total capacity of the building is 476 persons, but could be expanded by increasing the number of exits. The night club is multi-leveled with a dance floor and bar on the first floor and an open lounge and bar on the second floor. Each floor contains an interconnected kitchen which serves both floors. All equipment and furnishings are included in the sale. The restaurant and bar/lounge can be operated separately. Multipoint surveillance system throughout. Newer POS system in the restaurant. Fully operational multi-level kitchen. Five walk-in coolers. Superb location serving EIU students and locals alike. The adjacent 3 Multi-Family residences are included in the sale. 1403 4th St is a 5 unit apartment (4,248 SF) with average rents of $475/Mo. 406 & 408 Buchanan are a 4 bedroom house (1,148 SF) and 6 Bedroom house (1,648 SF) respectively that bring in around $40,000 annually. All of the multi-family residences have a strong rental history. Restaurant can be purchased by itself.

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Location Information near 1405 4th St.
Offered by Arthur Thoma at Coldwell Banker Commercial Devonshire Realty

Would you like more information regarding this property?
Please call (217) 352-7712.

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Property Features for 1405 4th St.
Status
Market Status
Available
Last Updated
October 23, 2017
Description
Property Type
Commercial Property
Year Built
1977
Sq. Feet
14,644

Listing Features

  • Property Type: Commercial; Retail
  • Arthur Thoma
  • Coldwell Banker Commercial Devonshire Realty

Data Provided by:
Coldwell Banker

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More information about this Commercial Property at 1405 4th St.

This Commercial Property at 1405 4th St. in Charleston, IL is presented by Arthur Thoma. This Commercial Property, located in the 61920 zip code, has the following property features: Property Type. This 1405 4th St. Commercial Property, located in Coles County , is listed under MLS listing number 3YD-RFGCB-Z5VCM6 and has a listing price of . You can find more CHARLESTON homes for sale here.