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618-277-4400

7,516 SF Turn-Key Bar/Resturant

$1,499,000

  • Turn-Key Bar/Restaurant

    1324 Jamie Lane, Waterloo, IL

Listing Resources

Listing Description

Large Restaurant/Bar Event Space in Waterloo – This facility was completely remodeled in 2023, it features a bright and spacious main food and bar area with overhead doors opening to expansive front and rear outdoor seating. The main bar is spectacular with seating surrounding the bar.

The food service is currently set up with a walk up ordering and pickup counter. The family friendly arcade 2,000 SF area featuring pool tables and arcade games. It is located opposite the kitchen, has 12′ ceilings and is adjacent to the men’s and women’s restrooms. Gaming Lounge features bar seating with possibilities for a private party room or continued use as a gaming lounge.

The kitchen has been completely remodeled and re-equipped with new equipment. Complete kitchen inventory is attached. There is a walk-in cooler/freezer, plus a large beer cooler that is set up for easy deliveries and offers expanded cooler space. A covered section that connects to the main bar via an overhead door and standard door. An area with a retractable awning adjacent to the gaming lounge. Front seating that integrates with the main bar through five overhead doors, creating an open-air environment. These features allow for flexible use of indoor and outdoor spaces, enhancing the venue’s capacity (+/- 150 ) and allows for outdoor activities.

Sale includes real estate and equipment. Contact broker for equipment list. Business is operating, please do not approach the employees about the sale (call broker for more information).

Located at 1324 Jamie Lane in Waterloo, Illinois, this bar/restaurant is situated about 30 minutes southeast of St. Louis. Waterloo is known for its historic downtown. The venue is accessible from major routes, being 5 minutes from IL-3, 15 minutes from I-255, and 25 minutes from I-64. Nearby points of interest include the Waterloo Historic District (5 minutes away), Zimmer Park (3 minutes away), and the Monroe County Fairgrounds (7 minutes away).

Sale Price: $1,499,000

Listing Details

Listing No : 2979
Sale Or Lease : For Sale
Property Type(s) : Restaurant/Bar
Building Size (Sqft) : 7,516 Sqft
Lot Size (Acres) : 2.34 Acre(s)
Total Sqft Available : 7,516 Sqft
Sale Price : $1,499,000
Sale Price Per Sqft : $199.44
Building Total Sqft : 7,516 Sqft
Total Sqft Available : 7,516 Sqft
Min Divisible Sqft : 7,516 Sqft
Max Contiguous Sqft : 7,516 Sqft
Heating : Central
Cooling : Central
Lighting : LED
Men's Restroom : Yes
Women's Restroom : Yes
Parcel No : 07-13-101-004-000, 07-13-101-005-000
Zoning : B-2 General Business District
Zoning By : City of Waterloo
Prior Use : Operating Business(Still Open)
Parking : 75
Parking Surface Type : Ashalt
Tax Year : 2022
Traffic Count : 22,000
Topography : Flat
Year Built : 1999
Rehab Year : 2023
Clearance Min : 9 in
Clearance Max : 22 in
Bay Spacing : Clear Span
Roof : Metal
Exterior : Mixed
Floors : 1
Acres : 2.34 Acre(s)
Frontage : 346 ft
Water Provider : City of Waterloo
Water Provider Location : On Site
Sewer Provider : City of Waterloo
Sewer Provider Location : On Site
Gas Provider : City of Waterloo
Gas Provider Location : On Site
Electric Provider : City of Waterloo
Electric Provider Location : On Site
Interstate : I-255 (15 Mins)
Airport : STL

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