Address
165 S State Street, Manhattan, IL
Price
$ 420,000
Property Attributes
  • MLS#12038556
  • TypeBusiness Op
  • CountyWILL
  • CityManhattan
  • AreaManhattan-Wilton Center
  • Zip60442
  • StyleFood & Beverage,Restaurant,Medical,Retail
  • Taxes$ 7271
  • Price$ 420,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1875
  • Lot Size0.125666 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

For the past 34+ years the Kirby family has serviced the local area with their amazing Bakery/Diner, as well as catering & weddings etc. Now it's time for the owners to retire and offer "KIRBY's KORNER BAKERY" to the next generation entrepreneur! Located directly on US-Route 52 with tons of traffic & exposure, and near the Metra station, this is a perfect spot for someone to continue this bakery and diner (sandwiches & meals) by also adding their own twist to serve the community! *This listing price is for the building only* The restaurant equipment as well as the Bakery name and recipe are available at an additional amount (see Equipment list attached to this listing). Owners are willing to remain after the closing (if building, business and equipment are sold together) to train the new owner on their day-to-day operations, as well as introducing them to vendors and regular customers. This corner lot has approx. 17-20 parking spots (shared with Dentist office) and an average daily traffic count of 6,750 (I-DOT). There are 2 handicap accessible bathrooms & entry, plenty of table space for dine-in customers. ***INTERESTED INVESTORS*** ---- please DO NOT go to the restaurant without an appointment. The Kirby family will continue to serve their customers and the community until this sale is finished. Thank you for your understanding.

Price History
4/24/2024 Listed $420,000

General Features

Cooling Central Air
Possession Closing,Negotiable
Zoning COMMR
Construction Materials Wood Frame
Electric Three Phase
Tenant Pays Varies by Tenant
Stories 1
Tax Year 2022
Current Use Commercial
Business Type Food & Beverage,Restaurant,Medical,Retail,Other
County Will
Property Type Business Opportunity
Status Active
Directions Located in the heart of Manhattan on US-Route 52 near the post office & Metra station
City Manhattan
MLS Area Manhattan/Wilton Center
Lot Size Square Feet 5474
Street Name State
Tax Annual Amount 7271
Additional Parcels Y/N No
Days on Market 6
Standard Status Active
Property Type Bus / Bus w/Real Est

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 1875
Lot Dimensions 10X130X90X50X73

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60442

Price
AVG $420K
$420K
Taxes
AVG $7,271
$7,271
Visits
AVG 15
14
Data Provided by Inside Real Estate®

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