165 S State Street Manhattan, IL $ 420,000
165 S State Street
$ 420,000
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165 S State Street

Manhattan, IL, 60442
$ 420,000
Baths0.0 Sq 1,875

Monthly Estimate*

$ 2,934

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Studio

Commercial Property for sale in Manhattan, IL

for $420,000. This 1,875 square foot building was built on a lot size of 0.125666.

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.

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Commercial Active

Price

$ 420,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,271

Style

Food & Beverage,Restaurant,Medical,Retail

Lot Size

0.125666

Town/City

Manhattan

County/Region

Will

MLS | Web ID

12038556

Features
General
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
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
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 N
Days on Market 6
Standard Status Active
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Exterior
Building Area Total 1875
Lot Dimensions 10X130X90X50X73
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Interior
Street Suffix Street
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* Excluded Features
List By
Century 21 Pride Realty

Broker

thekrollbrothers@gmail.com

Email

Affordability Calculator

$3,540
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,934
Monthly Property Taxes
$606
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2024$420,000 Listed Price

Map


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165 S State Street, Manhattan, IL, 60442 is a Commercial Property for sale at $420,000 with 1,875 sqft and a lot size of 0.125666. 165 S State Street is a studio with 0.0 baths. The property's zip code is 60442 which is in Manhattan, IL