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Listed by Jane Winningerof Baird & Warner
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Est. payment /mo
7,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,400 sqft
MLS Listing ID 12797666
Year Built 1984
Annual Tax Amount $5,508
Tax Year 2024
Lot Dimensions 101x70
Property Sub-Type Mixed Use
Property Description
An excellent opportunity to own a restaurant and sports bar in the heart of historic downtown Mendota. This unique mixed-use property offers approximately 3,700 square feet of restaurant space, along with three updated upstairs apartments that generate an additional $2,100 in monthly rental income. The restaurant features a commercial kitchen, spacious dining area, separate bar, and an oversized outdoor patio located along the east side of the building. The main floor and upper-level apartments have both undergone extensive renovations, with improvements completed in 2014 and 2021. The spacious kitchen is ready for you to set up for your business and includes a walk-in cooler/freezer. The bar offers generous seating along with high-top tables. Its separate layout provides a distinct atmosphere from the family-friendly dining room, which offers a combination of booths and traditional table seating. A dedicated service station just off the kitchen provides staff with convenient access to beverage service and POS equipment. The second floor features three renovated apartments with separate exterior access, providing flexibility and consistent rental income. An additional emergency exit is accessible through the restaurant's dining area. Additional space is available in the full basement, which features high ceilings, a street-level entrance, an office, and plenty of storage. This area also offers potential for a private lounge, club, or other complementary use. Rich in local history, the building originally served as Mendota's City Hall, Fire Department, and Police Department. Its location in the heart of downtown puts it within walking distance of local businesses, shops, community events, and other attractions. The property is also located within the Downtown TIF district, where qualifying improvements may be eligible for assistance through a facade grant program. Whether you're looking to operate your own restaurant, expand an existing business, or invest in a property with multiple income streams, this is a unique opportunity to own a piece of Mendota's history while taking advantage of its established downtown location.
Location
State IL
County Lasalle
Zoning COMMR
Interior
Cooling Central Air, Central Individual
Flooring Varies
Fireplace Y
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available
View Y/N true
Building
Water Municipal Water
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