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618-277-4400

The LuBar & Bistro / Turn-Key Restaurant for Sale

$420,000

Listing Resources

Listing Description

The LuBar & Bistro is a Restaurant/Bar located in Historic Downtown Carlyle at the corner of Fairfax Street & 9th Street directly across from Clinton County Courthouse. The Historic Two Story Building was constructed in 1864 and has been fully renovated in 2010 respecting the Historic Style of the Building with an Investment of over $200,000. The Restaurant located on the ground level has seating for 100 guests. The lower level with a separate outside entrance has been tastefully transformed into a Rathskeller / Bar. The second floor has been restored as a living quarters. The property is located within a TIF District and an Enterprise Zone. Sale price includes Business Furnishings including Restaurant Equipment.

Sale Price: $420,000

Listing Details

Settings
Listing No : 2101
Sale Or Lease : For Sale
Property Type(s) : Investment, Retail - Freestanding, Restaurant/Bar, Business For Sale
Building Size (Sqft) : 6,696 Sqft
Total Sqft Available : 6,696 Sqft
Sale Price : $420,000
Sale Price Per Sqft : $62.72
Building Total Sqft : 6,696 Sqft
Total Sqft Available : 6,696 Sqft
Retail : 6,696 Sqft
Min Divisible Sqft : 6,696 Sqft
Max Contiguous Sqft : 6,696 Sqft
Parcel No : 08-08-18-321-004
Zoning : Business
Zoning By : City of Carlyle
Complex : The LuBar and Bistro
Prior Use : Restaurant/Bar
TIF : Yes
Enterprise Zone : Yes
Parking : Street Parking
Property Tax : $5,476
Tax Year : 2017
Traffic Count : 7,700
Year Built : 1864
Rehab Year : 2010
Exterior : Masonry
Floors : 2

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