Investment Overview
This +/- 9,848 SF property offers a rare opportunity to acquire a fully built-out, operational bar/restaurant in a high-traffic Dyer corridor. The building is also occupied by a Chinese restaurant paying under market rent + NNN and an operating sports bar component, the property is well-maintained and positioned for a seamless transition to a new concept or operator. The bar/restaurant (included in the sale) includes a full-service bar, pool tables, games and seating providing flexibility for a variety of restaurant formats or event-driven uses.
The sale includes all furniture, fixtures, and equipment (FF&E), along with a valuable Dyer 3-way liquor license, allowing immediate operational continuity. While the space is ideally suited for a bar user, the building also presents the option to demised or reposition portions for retail or office use, creating additional income potential.
Located along Sheffield Avenue near established neighborhood anchors and the new South Shore commuter station, the property benefits from increasing traffic counts and strong visibility making it a compelling opportunity for an owner-user or investor seeking a Value-Add upside.
Investment Highlights
- Close to New Dyer South Shore Station
- Redevelopment Value-Add Potential
- 9,849 SF building
- Renovated in 2002
- 3-Way Liquor License Included in Sale