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DRAGONFLY CAFE 1015 Colfax st

1,800 SF 100% Leased Retail Building Crescent City, IL 60928 $150,000 ($83/SF)

Investment Highlights

  • Gorgeous Custom Building
  • Ideal for restaurant/coffee shop
  • Call Listing Agent Cindy Purdy for Listing Details

Executive Summary

Welcome to the Dragonfly Cafe. This 1800 +/- square feet site is this community's gem. Carefully designed to partner with the YOGA & PILATES studio next door- The Dragonfly seats 40, offers a kitchen, drive-up window & outside seating in the enclosed patio (seating 20). Custom build out features Pella doors & windows. tall ceilings, handcrafted shelving, ship lapped walls, stage for performers, stamped heated floors and custom lighting inside and out. Lighted sign on Rt 24. Custom designed seating, tables, inventory, table, chairs, etc. priced separately. High traffic count on busy Route 24. Owner is willing to sell coffeeshop for 150K- or buy the entire building with the Yoga and Pilates studio for $289,000 Monthly rental income of $1000. Pride of ownership and design is 10K. Nothing to do in this turn key set-up. Lease potential for qualified prospects. Call listing agent for details.

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income $12,000 $6.67
Other Income - -
Vacancy Loss - -
Effective Gross Income $12,000 $6.67
Taxes $521 $0.29
Operating Expenses - -
Total Expenses $521 $0.29
Net Operating Income - -

Financial Summary (Actual - 2022)

Gross Rental Income
Annual $12,000
Annual Per SF $6.67
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $12,000
Annual Per SF $6.67
Taxes
Annual $521
Annual Per SF $0.29
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $521
Annual Per SF $0.29
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,800 SF
Year Built
1975
Price
$150,000
Price Per SF
$83
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.41 AC
Zoning
Commercial
Frontage
150 FT on Colfax

Amenities

  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Fireplace
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-05-105-010
Land Assessment
$3,259 (2023)
Improvements Assessment
$2,589 (2023)
Total Assessment
$5,848 (2023)
Annual Taxes
$521 ($0.29/SF)
Tax Year
2022
  • Listing ID: 30018355

  • Date on Market: 11/9/2023

  • Last Updated:

  • Address: 1015 Colfax st, Crescent City, IL 60928

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