14877 W US Highway 20 $525,000

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    14877 W US Highway 20 East Dubuque, IL 61025

    • 18,224 sq.ft.
    • Commercial
    MLS# 135696 | ACTIVE

    $525,000

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    Days On Market: 188 66 Views
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    Property Details

    HUGE PRICE REDUCTION!! This 16,500 sq. ft. 2 story multi use building sits on +/- 3 acres with over 300' of frontage on busy Illinois Route 20 and is situated halfway between historic Galena Illinois and Dubuque Iowa. It currently houses a 3,500 sq. ft. sports bar and restaurant that seats 125 with a 6,200 sq. ft. banquet hall that seats 350. There is parking for 200+ cars. The lower level includes 1,700 sq. ft. of living quarters with 3 bedrooms, 2 full baths, and a 2 car garage. The remainder of the lower level includes a 2nd commercial kitchen, a private office with a full bath, and approximately 4,500 sq. ft. of additional storage space with an overhead service door. This location would be excellent for a craft beer brewery, distillery, or any number of retail uses. It could also be easily transformed into an industrial/commercial building with its 440 amp electrical service, 2 freight elevators, 30' x 110' concrete pad on the upper level, and full concrete floor on the lower level. The banquet hall floor is reinforced with steel beams. There is also plenty of space for expansion. The building can be sold with or without the current profitable business. The building can also be sold in two sections. An approximately 11,000 sq. ft. section that houses the banquet hall, living quarters, 1 freight elevator, and storage space, or an approximately 5,500 sq. ft. section that house the restaurant bar, 2 commercial kitchens, a private office with a full bath, 1 freight elevator, and additional storage space.

    • General Features
      • Commercial Type Commercial
      • Building Style One Story
      • Total Square Footage 18,224
      • Year Built 1994
      • Zoning C-1
      • Area Illinois
      • County Jo Daviess
    • Building Features
      • Office SqFt 0
      • Retail SqFt 0
      • Warehouse SqFt 18224
      • Resident SqFt 1724
      • Other SqFt 0
      • Exterior Finish Brick, Vinyl
      • Roof Metal
      • Basement Full
      • Foundation Pour
      • Raised Docks None
      • Ground Line Doors None
      • Restrooms 3
      • Flooring Other
      • Electric Service 3 Phase
      • Heating Forced Air
      • Cooling Central Air
      • Extras Other
    • Property Features
      • Lot Size 2.02
      • Parking Surface Gravel
      • Fuel Type Propane
      • Sewer Septic
      • Water Well
      • Gas Lp

    Contact

    Ashley Adams-Erschen

    REALTOR

    RE/MAX ADVANTAGE REALTY

    Mobile Phone: 563-542-1345

    Neighborhood

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    Market Last 30 Days

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    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $525,000
    10/8/2018 11:33:07 PM Price Reduced Source New Value: $525,000 -8.7%
    7/13/2018 7:34:00 PM New in Database Source New Value: $575,000

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    Information is provided in part by the Dubuque Multiple Listing Service, Inc. 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 that consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.