Downtown Canton Owner User Mixed-Use Opportunity — Sale in Canton, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Canton, IL 61520

Photos

Downtown Canton Owner User Mixed-Use Opportunity — Sale in Canton, IL, photo 1 of 6
Downtown Canton Owner User Mixed-Use Opportunity — Sale in Canton, IL, photo 2 of 6
Downtown Canton Owner User Mixed-Use Opportunity — Sale in Canton, IL, photo 3 of 6
Downtown Canton Owner User Mixed-Use Opportunity — Sale in Canton, IL, photo 4 of 6
Downtown Canton Owner User Mixed-Use Opportunity — Sale in Canton, IL, photo 5 of 6
Downtown Canton Owner User Mixed-Use Opportunity — Sale in Canton, IL, photo 6 of 6

Investment Figures

Cap rate
10.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Owner-user downtown opportunity in Canton, Il. 1 of 6 Previous Next ← Move left → Move right ↑ Move up ↓ Move down + Zoom in - Zoom out Official Time Out View on Google Maps Custom Imagery This image is no longer available Keyboard shortcuts Map Data © American Marketing & Publishing © American Marketing & Publishing Terms Report a problem Gallery (6) View Map Street View × Downtown Canton Owner User Mixed-Use Opportunity Close Investment Highlights Owner-User Opportunity in Downtown Canton. Operates 3,675 Square Feet of Restaurant and Bar Space plus 1,000 Square Feet of Pavilion Space, Business could be Purchased along with Building Three Apartment Units Upstairs | Generates $21,600 Annually in Rent $96,796 in Gaming Income Generated Annually | Transferable with New License Application $450k in Recent Capital Improvements (New Facade, Interior, Apartments, Pavilion and HVAC Upgrades) TIF District - Qualifying Improvements are Eligible for 25 Percent Reimbursement from the City of Canton Turnkey Bar and Restaurant | All Equipment, Gambling Machines, and Liquor Licenses would be Included in Sale Investment Highlights: • Owner-User Opportunity in Downtown Canton. Operates 3,675 Square Feet of Restaurant and Bar Space plus 1,000 Square Feet of Pavilion Space, Business could be Purchased along with Building • Three Apartment Units Upstairs | Generates $21,600 Annually in Rent • $96,796 in Gaming Income Generated Annually | Transferable with New License Application • $450k in Recent Capital Improvements (New Facade, Interior, Apartments, Pavilion and HVAC Upgrades) • TIF District - Qualifying Improvements are Eligible for 25 Percent Reimbursement from the City of Canton • Turnkey Bar and Restaurant | All Equipment, Gambling Machines, and Liquor Licenses would be Included in Sale

Market Context

This mixed use in Canton, IL is listed for sale. It is offered at an approximate 10.0% capitalization rate, a key benchmark for income-producing mixed use assets. Compare it against other mixed use listings for sale in Canton, IL — view the full market.

Contact

Explore this market

Similar Business for Sale in Illinois