201 E CHESTNUT Street

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201 E CHESTNUT Street

Mason City, IL 62644
Asking Price
$350K
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial restaurant property located in Mason City Illinois
  • Current asking price set at 350000 dollars
  • Versatile layout suitable for restaurant or retail use
  • Situated at the address 201 E Chestnut Street
  • Functional asset positioned in a stable Midwestern market

What's Special

Mason City serves as a central hub within this portion of Illinois, offering a steady environment for local businesses and retail establishments. Positioned at 201 E Chestnut Street, this restaurant property provides an accessible location for diners and community members alike. The building is situated in a practical spot within the city, making it well-suited for continued food service operations or a conversion into a retail storefront. Investors or owner-operators looking to establish a presence in a Midwestern municipality will find the layout conducive to daily commerce and customer engagement. The regional economy relies on a mix of local commerce and agricultural support, providing a stable foundation for small businesses. Whether maintaining the existing restaurant layout or repurposing the space for general retail use, this property presents a functional footprint for diverse commercial activities. Proximity to local traffic arteries ensures visibility within the immediate downtown area.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

Location & Travel Times