Description
Lu's Bar and Pizza Parlor and the adjacent retail store (J&D Pickin Adventures Antique Shop) are the highlight of downtown Dwight. A fully gut rehabbed gem, this place has only the highest end of finishes and materials needed to own the premier bar in central Illinois. Completed in 2014, this bar was the hottest place in town until the family decided to focus their energies on their family restaurant in town. This place was built to last them for generations though and their change of heart is your gain. This bar has everything needed to open day one and collect income from an adjacent business, or own it as a landlord and rent both. Highlights include: 2014 Gut Rehab costing $900,000, All new electric, plumbing, roof, facade, Custom imported stone, Custom granite countertops and footrests, Imported solid oak paneling, Refurbished antique back bar (oldest in Dwight), Private game room (holds 5 machines), Hardwood dance floor and stage, Hand painted murals, Tens of thousands worth of sports memorabilia, New sound system and camera system, 8 Samsung Smart TV's, Brand new top of the line draught system, Pizza oven with new solid brick stone, Toast POS system with cash registers, Tons of additional storage in back and basement and more. Boasting an in-place cap rate of of 8.67%, this is great for an investor or owner/operator.
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School Ratings & Info
Description
Lu's Bar and Pizza Parlor and the adjacent retail store (J&D Pickin Adventures Antique Shop) are the highlight of downtown Dwight. A fully gut rehabbed gem, this place has only the highest end of finishes and materials needed to own the premier bar in central Illinois. Completed in 2014, this bar was the hottest place in town until the family decided to focus their energies on their family restaurant in town. This place was built to last them for generations though and their change of heart is your gain. This bar has everything needed to open day one and collect income from an adjacent business, or own it as a landlord and rent both. Highlights include: 2014 Gut Rehab costing $900,000, All new electric, plumbing, roof, facade, Custom imported stone, Custom granite countertops and footrests, Imported solid oak paneling, Refurbished antique back bar (oldest in Dwight), Private game room (holds 5 machines), Hardwood dance floor and stage, Hand painted murals, Tens of thousands worth of sports memorabilia, New sound system and camera system, 8 Samsung Smart TV's, Brand new top of the line draught system, Pizza oven with new solid brick stone, Toast POS system with cash registers, Tons of additional storage in back and basement and more. Boasting an in-place cap rate of of 8.67%, this is great for an investor or owner/operator.
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