1530 Mulholland Street

    Nauvoo, IL 62354
    • $250,000
    • STATUS: Active
    • ON SITE: 231 days
    • MLS #: 10129903
    UPDATED: 43 min ago
    $250,000
    • 0
      BEDS
    • .50-.99 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,464
      SQFT
    • $101
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Located in Nauvoo, IL on the "strip" you can own a magnificent business in a high Tourist town! The Traffic Count in the Summer alone is in the Upper Hundreds of Thousands of people!! Owning a Business can be "Oh So Sweet" But the fact that the Cap Rate is over 14.52% makes it that much sweeter! This "Turn Key" business has been in the family for over 30 years, has a phenomenal reputation and a solid customer base which shows through their Net Income!! This business has the potential to grow as well! All Business Equipment stays at this price as well. Then to sweeten the deal, there is a piece of history on the property that comes with it! A Confidentiality Agreement will need to be signed as this is a CONFIDENTIAL SALE, there too is not be any sign on the property. It is easily shown w/a 24+ hr appointment request. This is one GREAT Opportunity for any New or Seasoned Business Owner. We can email Brochure upon request. Contact either Listing Agent for more details.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate. Based on information submitted to the MRED as of 2019-06-24T10:52:25.93 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.markbowershomes.com/homes/89153973

    1530 Mulholland Street Nauvoo, IL 62354

    • Price: $250,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 10129903
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .50-.99 Acre
    Acres
    2,464
    SQFT
    $101
    $/SQFT
    Neighborhood:
    Out Of Area South
    County:
    Other
    Area:
    Out Of Area South
    Property Description
    Located in Nauvoo, IL on the "strip" you can own a magnificent business in a high Tourist town! The Traffic Count in the Summer alone is in the Upper Hundreds of Thousands of people!! Owning a Business can be "Oh So Sweet" But the fact that the Cap Rate is over 14.52% makes it that much sweeter! This "Turn Key" business has been in the family for over 30 years, has a phenomenal reputation and a solid customer base which shows through their Net Income!! This business has the potential to grow as well! All Business Equipment stays at this price as well. Then to sweeten the deal, there is a piece of history on the property that comes with it! A Confidentiality Agreement will need to be signed as this is a CONFIDENTIAL SALE, there too is not be any sign on the property. It is easily shown w/a 24+ hr appointment request. This is one GREAT Opportunity for any New or Seasoned Business Owner. We can email Brochure upon request. Contact either Listing Agent for more details.
    Exterior Features

    Approx Land Sq Footage 2464 Construction Steel Frontage Access City StreetUs Highway Land Amenities Lighting/ExteriorOther Location Central Business DistrictCornerFree Standing/Urban Lot Dimensions 198 X 140.5 AND 41 X 99 Lot Sq Ft 31799 Number Of Parking Spaces 20 Roof Coverings Shingle CompositionMetal Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Common Lunchroom/SCommon Meeting Room/SHandicapped AccessPublic Restroom/SStorage InsideOther Number Of Stories 1 Outdoor Parking 13-18 SpacesPavedPrivate Lot

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 43426 Ann Rnt Expense Source Actual Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Nauvoo Mill And Bakery Business Type Food And BeverageRestaurantRetail/Misc. Corporate Limits Nauvoo Cost Of Goods Expense Source Actual Cost Of Goods Sold 233689 Cost Of Goods Year 2017 Current Use Commercial Electrical Service 201-600 Amps Food Beverage Type Coffee ShopRestaurantDeliIce Cream/Yogurt ParlorCateringOther Gross Payroll 54459 Gross Payroll Expense Source Actual Gross Payroll Year 2017 Gross Profit 43426 Gross Profit Expense Source Actual Gross Profit Year 2017 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2017 Gross Sales Annual 233689 Heat Ventilation Central Bldg HeatForced Air Inventory 6985 Inventory Expense Source Actual Inventory Year 2017 Known Encumbrances None Known Living Quarters None Miscellaneous Outside Handicapped AccessPatioSecurity LightingSecurity SystemOther Net Operating Income Year 2017 Net Profit 43426 Net Profit Source Actual Number Of Emp Full Time 2 Number Of Emp Part Time 6 Possession ClosingNegotiable Potential Use CommercialRetailSpecial Use Property Offered For Sale Only Proprietary Info Furniture/Fix/Equip ListLegal DescriptionProfit And Loss StatementSurvey ExistingTax BillTax ReturnsVendor List Real Estate Included YN Yes Sale Terms ConventionalOwner May Help/AssistWrap Around Seating Capacity 41-50 Seller Will Add CashAdd Existing PaperAdd ManagementOther Tax Year 2018 Taxes 3975.84 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceScavengerWater/SewerCooking Gas Total Op Exp Year 2017 Total Op Expense Source Actual Total Operating Expenses 190262 Type Of Lease None Type Ownership Business FamilyLimited Liability Corp. Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteSewer-Storm AvailableWater-MunicipalWater To Site Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner - Geneva.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate. Based on information submitted to the MRED as of 2019-06-24T10:52:25.93 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate
    #1 Brickyard Drive
    Bloomington IL, 61701