For Auction
Vacant Restaurant + Bar | Built Kitchen
West Frankfort, IL 62896Represented by
Matthews REIS
Asset Snapshot
Offering Summary
Investment Highlights:
- Main Street Address With I-57 Access: Fronts E Main St (IL Rte 149) at 10,000+ VPD, less than a mile from I-57's 38,000+ VPD.
- 16,800 SF Freestanding Retail Building: 16,800 SF spans a freestanding site built in 1972 and renovated 2011, with ~30 parking spaces.
- Full Commercial Kitchen and Bar In Place: Existing kitchen and bar let an operator skip the costliest part of any restaurant buildout.
- Owner-User or Redevelopment Play Site: Low cost of entry on a Main Street corridor suits an operator open fast or an investor reposition.
- Flexible for Uses Beyond Restaurant: Layout suits event space, brewery, medical office, fitness studio, church, or daycare.
- Anchored Retail Corridor, 862K+ Visitors: West Frankfort Plaza's Kroger, Dollar Tree, and Ollie's draw 862,000+ shoppers yearly.
Offering Summary:
RealINSIGHT Marketplace, in partnership with Matthews Real Estate Investment Services, is pleased to present 327 E Main Street, a 16,800 SF freestanding retail building in West Frankfort, Illinois. Built in 1972 and renovated in 2011, the property includes a full commercial kitchen, bar, and event section, plus roughly 30 on-site parking spaces. The building is vacant, giving a buyer a clean slate: an operator can move directly into the existing kitchen and bar and open without a costly buildout, while an investor can reposition the site for event space, medical office, fitness, daycare, or another use suited to the open floor plan. The site fronts E Main Street (IL Route 149) at 10,000+ VPD, less than a mile from the I-57 interchange (38,000+ VPD), and sits along the same Main Street corridor as the Kroger-, Dollar Tree-, and Ollie's-anchored West Frankfort Plaza, which draws 862,000+ visitors a year. With no existing tenant to work around, this Main Street address offers both a fast path to occupancy and a flexible redevelopment opportunity in an established retail trade area.Due Diligence
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
